[OT] Ameros will clog the tubes - was Re: Network Neutrality

Kyle Waters unum at unum5.org
Thu Dec 4 15:31:29 MST 2008

Bryan Sant wrote:
> Among the few things that the Federal Government SHOULD do is mint and
> regulate money.  The Federal Reserve is as "Federal" as Federal
> Express.  I love free enterprise all day long, but I think is
> ridiculous and suspicious that our government has abdicated its
> responsibility to mint and regulated money to a private central bank.

The federal reserve is a government agency the works with private 
enterprise to regulate the economy.  The top officials of the reserve 
are presidential appointees.  There are officials that are elected by 
private banks, but those officials report to the elected officials, who 
then determine the economic policies, not the other way around.
> Thomas Jefferson (co-founder of the Democratic party) said,
> "I believe that banking institutions are more dangerous to our
> liberties than standing armies. If the American people ever allow
> private banks to control the issue of their currency, first by
> inflation, then by deflation, the banks and corporations that will
> grow up around the banks will deprive the people of all property until
> their children wake-up homeless on the continent their fathers
> conquered."

He organized the Democratic-Republican party and they always referred to 
themselves as Republicans.  Now it is true that modern democrats like to 
look back at him an Jackson as their party founders(this is kind of hard 
on me as I consider my self a democrat and they are two of my least 
favorite presidents.  I like TR and Lincoln, but the republican party is 
no longer the liberal party it once was).  On this particular point I 
think Hamilton and the federalist were right, and Jefferson was wrong(I 
don't think I really agree with Jefferson on anything, but he can be a 
very eloquent writer). 


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