« Back to story "How the Federal Reserve Harms the Public Interest"

Story Comments

Posted by: Eagle_Eye 1 year, 1 month ago

This page is a permanent archive of the comment below and its replies.
To view this comment in the context of the full discussion for the story, use this link.

All Comments Share Story Report

  • 100%
    Eagle_Eye1 year, 1 month ago

    This comment is below the standard viewing threshold View It »

    Good comment cg, and

    "Well yeah, since his ideas on free markets were based on small businesses competeing aginst each other to keep prices competitive"

    I don't think we will ever see a free market again. I fear with the big corporations buying up the other big "hurting" corporations will just make for nothing but more of a monopoly in our society. This to me is really scary

    (comment_max_expanded_depth : 55) (comment depth : 3) (recursion depth : 1) (max_comment_reply_depth : 40) (comment_max_render_depth : 55)
    Reply

    2 Replies

    loading loading ...
    • 100%
      populist1 year, 1 month ago

      This comment is below the standard viewing threshold View It »

      good point EE. And the most interesting thing, to me, is this...

      if we were a truly free society, we'd all be held to the same standards of accountability. Thus, corporations wouldn't even exist.

      Why? Because they're a grant of protection by the government to a group of people....allowing them to act in ways that doesn't hold them personally responsible for the outcome....

      Well, that's probably best left for another thread..

      (comment_max_expanded_depth : 55) (comment depth : 4) (recursion depth : 2) (max_comment_reply_depth : 40) (comment_max_render_depth : 55)
      Reply

      1 Reply

      loading loading ...
      • 100%
        alakazam1 year, 1 month ago

        This comment is below the standard viewing threshold View It »

        Some statements made concerning the Federal Reserve Act before it was voted into law.

        "The worst legislative crime of the ages is perpetrated by this banking bill…The banks have been granted the special privilege of distributing the money, and they charge as much as they wish…This is the strangest, most dangerous advantage ever placed in the hands of a special privilege class by any Government that ever existed. The system is private…There should be no legal tender other than that issued by the government…The People are the Government. Therefore the Government should, as the Constitution provides, regulate the value of money.” (Congressional Record, 12/22/1913) -Rep. Charles Lindbergh Sr.

        “I do not blind myself to the fact that this measure will not be effectual as a remedy for a great national evil – the concentrated control of credit…The Money Trust has not [died]…He will not cease fighting…at some half-baked enactment…You struck a weak half-blow, and time will show that you have lost. You could have struck a full blow and you would have won.” (Congressional Record, 12/22/1913) -Congressman Victor Murdock

        Sometimes foresight is 20/20.

        This current fiasco (the bailout plan) is nothing but fodder for the beast.

        (comment_max_expanded_depth : 55) (comment depth : 5) (recursion depth : 3) (max_comment_reply_depth : 40) (comment_max_render_depth : 55)
        Reply
        loading loading ...

    Post Reply

    You are not signed in to Propeller.com. Please sign in to post a reply.

    People Who Liked This Comment (13)

    People Who Didn't Like This Comment (0)

    No one voted this comment negatively.

    Submit a Story

    Advertisement

    Story Tags ?

    banking corporatism cartel federal_reserve

    Hey! If you Sign In, you can add tags to this story!

    Real Estate Info

    Get the Latest Market Info for Your Area



    Foreclosures | Short Sale

    Luxury Homes | Homes for Sale

    First Time Home Buyer Advice



    Also Dropping This Article

    No one has dropped this story.

    Also Submitted By

    No one else has submitted this story.