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To: long-gone who wrote (30456)3/22/1999 12:29:00 PM
From: Alan Whirlwind  Read Replies (1) | Respond to of 116779
 
"The profits of the Federal Reserve System, again contrary to the
assertion of Kah and Schauf, are funnelled back to the federal
government..."

What a waste.



To: long-gone who wrote (30456)3/22/1999 12:56:00 PM
From: Bobby Yellin  Read Replies (1) | Respond to of 116779
 
interesting Richard..thanks a lot bobby



To: long-gone who wrote (30456)3/22/1999 2:41:00 PM
From: Investor-ex!  Read Replies (1) | Respond to of 116779
 
Show us the accounting entry where the profits of the Fed are returned to the US Treasury. The exact opposite happens. We taxpayers "contribute" interest to the Fed on obligations of $5.6 trillion -- several hundred billion dollars annually. The Fed has never been audited. Without an audit, who knows anything...


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