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The Federal Reserve is a ponzi scheme

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Pharaoh Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-25-10 06:33 PM
Original message
The Federal Reserve is a ponzi scheme
 
Run time: 03:03
https://www.youtube.com/watch?v=EsjTVRuzns0
 
Posted on YouTube: March 29, 2009
By YouTube Member: dtmbcorp
Views on YouTube: 835
 
Posted on DU: August 25, 2010
By DU Member: Pharaoh
Views on DU: 318
 
:nuke: :party:
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Make7 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-25-10 06:58 PM
Response to Original message
1. Three Congressman on the floor? What?
Where do people even come up with such nonsense?
 
House Roll Call Vote: 298 yeas, 60 nays, and 76 not voting (34 announced pairs)

http://www.llsdc.org/attachments/files/102/FRA-LH_v51-CR-1464.pdf


Senate Roll Call Vote: 43 yeas, 25 nays, and 27 not voting (13 announced pairs)

http://www.llsdc.org/attachments/files/103/FRA-LH_v51-CR-1487-1488-SEN.pdf
 


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PDJane Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-25-10 07:16 PM
Response to Original message
2. Kennedy wasn't trying to "do away with the Fed."
What he wanted to do was NATIONALIZE the Federal Reserve, to ensure that it was a public institution........and, incidentally, to ensure that the monetary policy was a government function. In that, he was quite correct.
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