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News Link • Federal Reserve

Dennis Kucinich: Delete The Fed

• Market-ticker.org
 
We're about to find out if people like Ron and Rand Paul really stand for what they claim, or if they're empty suits. If they do, then I expect to see them on the Tee Vee within hours demanding passage of this bill, and joining with Mr. Kucinich in making sure that it is immediately reintroduced in the new Congress - and passed. If that does not happen then these two claimants of a demand for "sound money" have been immediately and permanently exposed as FRAUDS, as will any so-called "Tea Party" members of Congress.

2 Comments in Response to

Comment by Anonymous
Entered on:

No sane monetary economist would be able to understand this congressional Act of insanity. Congress should instead pass a law mandating the creation of a congressional school of economics exclusively for politicians where they would be required to study and learn fiscal and monetary discipline. I am one of those millions of Americans who are ashamed of their irrelevant presence in Congress … Remunerating their ignorance is a total waste of our tax money.

 

Comment by Mike Skoog
Entered on:

This bill is absolutely terrible.  Although it does attempt to end fractional reserve banking, it codifies in congress how much money will be created each year(arbitrarily).  It also gives power to the president under a declared 'national emergency'.  It sets up pre-funding for 'universal healthcare' to be later authorized by congress.  Read that bill, it is horrible.  This will be worse than the fed ever dreamed of being.


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