Abolish the Income Tax: Steve Forbes and Peter Schiff

[clacy]

Quote from Kassz007:

Right....because the past ~ 100 years since the Fed has been around has been soooo terrible for America.......

Maybe you didn't get the memo, but once the Fed is gone, every citizen will instantaneously become productive, innovative, wealthy, healthy, happy, etc. Disease, hunger and war will all vanish immediately and we will all live forever

 

[Kassz007]

Quote from Scataphagos:

A common Leftist trick.

Again, Mr. Neo-Con, I do not consider myself leftist. I am Canadian and a supporter of the Conservative government (nothing like the Republican government in the USA, by the way, thank god).

 

[Kassz007]

Quote from clacy:

Maybe you didn't get the memo, but once the Fed is gone, every citizen will instantaneously become productive, innovative, wealthy, healthy, happy, etc. Disease, hunger and war will all vanish immediately and we will all live forever

Indeed. Abolish the Fed to rid America of all of its problems. I wonder why nobody else has thought of this?

 

[FattBurger]

Quote from clacy:

Maybe you didn't get the memo, but once the Fed is gone, every citizen will instantaneously become productive, innovative, wealthy, healthy, happy, etc. Disease, hunger and war will all vanish immediately and we will all live forever

Not true, But they might be able to keep more of there earned wages.

 

[FattBurger]

Quote from Kassz007:

Ugh, see this is what I mean by ignorant. Do you have any idea of the functions of a central bank? Why are you singleing out the Fed in your hatred? Most countries have central banks that operate very similarly to the Fed.

What do you think would have happened to the economy had all of the major USA banks experienced bank runs? Again, pick up a book, and read about the Great Depression. Without the Fed, it is entirely possible we would have seen a repeat.

It amazes me that the Fed was instrumental in preventing an entire economic and financial collapse in the USA, yet ignorant citizens like yourself are somehow upset with this.

The Fractional Reserve sysytem is what would cause the run. Kass your really suprising me with your ignorance.

Remove Fraction Reserve lending and there would be no run.

There is no need for a Federal Reserve.

 

[Scataphagos]

Quote from FattBurger:

Not true, But they might be able to keep more of there earned wages.

The Fed is so intertwined into our financial system, I doubt we could ever extricate ourselves from it... sort of like the Goa'uld symbiote. You might remove it but the host will die.

 

[Lethn]

Quote from FattBurger:

The Fractional Reserve sysytem is what would cause the run. Kass your really suprising me with your ignorance.

Remove Fraction Reserve lending and there would be no run.

There is no need for a Federal Reserve.

I gave up arguing with people like him when they ignored historical fact, there's no point, they follow organizations like the federal reserve as if it is a religion.

 

[clacy]

Quote from Scataphagos:

The Fed is so intertwined into our financial system, I doubt we could ever extricate ourselves from it... sort of like the Goa'uld symbiote. You might remove it but the host will die.

Not only is it extremely unlikely to happen, but who do we think would seize control of our money supply???? You guessed it.....Congress.

That would be 100 x more devastating.

 

[FattBurger]

Kass, you are totaly clueless, it's like your trying to find an answer to something you know nothing about.

Is Woodrow Wilson your geaat American hero.

 

[Nem0]

Quote from FattBurger:

The Fractional Reserve sysytem is what would cause the run. Kass your really suprising me with your ignorance.

Remove Fraction Reserve lending and there would be no run.

There is no need for a Federal Reserve.

I don't think you guys understand just how DEEP THE LIES ARE

Israel has a real program where people post propaganda and defend AIPAC etc.

I am starting to think that there are people paid to post in Defense of such blatant crooks The FED