Quote:
Originally Posted by Finn_Jarber
They were not intimidated, they were tricked and lied to. The same bill had already been rejected twice, but the authors of the bill tried one more time under a different name. They took out the hated and feared name "Central Bank" off the title and changed it to "Federal Reserve". The wording in the bill was same, but the congress appaently didn't read it and approved it. They must have liked the sound of 'Federal Reserve". It was sold as a measure to limit the influence of the 'money trust', which was the nick name for the international banking cartel, but no one realized that the bill was written by the owners of the 'money trust' and did nothing but give them virtually unlimited power.
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I think I agree with you...but then my question is - why wasn't it repealed AFTER the fact? And most importantly WHY DID THE FERERAL RESERVE SURVIVE THE GREAT DEPRESSION?? The politicians and voters should have certainly known by then that the FED is very bad. The FED was officially created to prevent things like the Panic of 1907 and then the FED caused the Great Depression. And the FED got away with this? The gold standard and free markets were blamed!
Is there any excuse for this for the politicians? Is there any excuse for the people who voted for these politicians and continue to vote for them? No.