corporatism sucks (IE transformers 2, IE Crunch)

[Strangelet]

......annnnnd back to the federal reserve.

the fuck-you-fed movement is becoming more and more mainstream. Now on msnbc

http://www.huffingtonpost.com/2009/0..._n_244617.html

"This is a Ponzi scheme, an inside job. It is outrageous. It is time for the Congress to say 'Enough of this,'" added Spitzer.
Ratigan later added: "I feel as if the American has suffered the greatest theft and cover-up ever."

Why all this fuss about the federal reserve? Because they are a "they" if there is a "they". But its no conspiracy that the fed's monetary policy is a program of debt. The longer they control the money supply the further in debt the nation gets. The only offset is further economic expansion. This is because of one fact: the fed loans us our own money with interest. But where does the extra money from the interest come from? It doesn't exist. That means there's more money to pay back to them what was handed out. That means some people are left holding the bag. Which spurs an economy of cut throat competition.



We didn't have a federal reserve for the first 130 years. We've seen the biggest depressions and periods of inflation since its inception. Which is why *any* reasonable person should question their excuse that they exist to stabilize the economy through monopolistic control of monetary policy, IE our cash.