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In reply to the discussion: Anti-Obama former top aide to Alan Grayson writes love letter to Ron Paul on CT blog [View all]Hawkowl
(5,213 posts)31. You are mistaken
The Federal Reserve is the consortium of private banks that act as primary dealers in US Treasury bonds, i.e; the Federal Reserve banks are responsible for purchasing and reselling US Treasuries which finance the Federal government. When China stopped by US bonds, the Fed steps in and buys the surplus.
Historically, (before the great motherfucker Reagan) the US only went into debt during war time. Therefore you can see how someone can jump to the conclusion (however illogical) that banks push for war because they can make money off lending to the government.
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Anti-Obama former top aide to Alan Grayson writes love letter to Ron Paul on CT blog [View all]
banned from Kos
Jan 2012
OP
Stoller is saying that the system is rotten, Obama is part of the problem, and libertarians
leveymg
Jan 2012
#4
I caught a piece on NPR earlier in which they interviewed several under-30 types at a Paul Rally.
PeaceNikki
Jan 2012
#6
this was a dominant theme at our holiday family gatherings -- vote for the outsider.
nashville_brook
Jan 2012
#18
The misnamed "audit the Fed" bill passed as part of Dodd-Frank and turned out to be
banned from Kos
Jan 2012
#25
yeah - the "audit" listed the loans. That is what central banks do - they make emergency loans.
banned from Kos
Jan 2012
#38
The key argument seems to be that there's a touch of statism at the heart of liberalism
starroute
Jan 2012
#14
The decision to let the big fish fascisti go and haul in some small fry instead was also made by
leveymg
Jan 2012
#46
Ex parte Quirin draws precedence from the military tribunals of the Civil War era.
leveymg
Jan 2012
#47
well said -- just finished reading the Stoller piece, and it's clearly not a love letter
nashville_brook
Jan 2012
#15
Not close. Primary dealers do auction Treasuries but that is 1/100 of what the public Fed does.
banned from Kos
Jan 2012
#33
Meanwhile, would you care to comment on the points in my post about libertarianism?
MH1
Jan 2012
#23