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The Federal Reserve

Name: Anonymous 2006-07-27 12:40

http://www.lewrockwell.com/paul/paul53.html

Note for the confused:  the 'Federal' Reserve is private, not public. 

For clarity:  the Federal Reserve is a privately owned company. 

This organization is clearly unconstitutional, and no true supporter of Free Enterprise or the American Constitution should support it.

Not to mention it's effects on lower-middle class people on fixed incomes...

Name: Anonymous 2006-07-29 19:07

(>>31) continuing,

The people who lose out aren't the rich - the rich are intelligent and pull their money out of US Dollars, unlike your average middle-lower class guy.  Don't believe it?

http://www.counterpunch.org/whitney07052006.html

The rich withdraw their savings from our currency, the currency plummets, killing the savings of average and lower class folks across the nation, and they emerge and can pour their money back in once things have stabilized, or convert some money a little at a time when they want to spend american cash...

It doesn't affect them hardly at all.  Not next to the massive amounts of lost savings, standard of living, and purchasing power of the middle class and poor. 

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