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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: ForYourEyesOnly who wrote (4664)	3/21/1999 6:36:00 AM
From: Bobby Yellin	Read Replies (1) \| Respond to of 81996

great..what other way would you propose for the system..For the government to be totally in charge of the all the banks..don't you think that would be terrifying..where would the balance be.. or am I missing something also if I read Hutch's post correctly..he wasn't saying that..he was quoting the email he got directly from the agency bobby

To: ForYourEyesOnly who wrote (4664)	3/21/1999 6:36:00 AM
From: Zardoz	Read Replies (1) \| Respond to of 81996

hahaha you didn't read it, did you. It's not that the Banks have a choice. Go read the two links that were provided. They HAVE to lock funds up into the FED. The fact the USA residents can hate the US government so much, and then bless them for allowing them to carry guns is what upsets me. What I found embracing is the fed lady can't spell or use a dictionary either. I think you are spending to much time second guessing what she said, and not dwelling on the fact that there are 12 CB's, Boston is the most important, and by sending emails to each of them, you could get all the info you want. Once one of the CB get's 'FED' up {lol had to say it that way} you can move onto the next district. That email has been sitting here since Thursday, {had to purchase a new computer} so they are very helpful people. But the email doesn't indicate that the CB are privately owned... it states: "Banks which join the System must subscribe to the capital stock of the Reserve Bank in their District. However, ownership of this stock offers only very limited privileges. The stock cannot be sold or traded. Dividends are not based on the Reserve Banks' earnings, but are limited to 6 percent annually." In other words, they are investors... and probably get the brunt of a bad end too.