Comments on: The Crime of Central Banking

By: The Crime of Central Banking

The Crime of Central Banking — Mon, 03 Nov 2008 15:33:36 +0000

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By: Smack MacDougal

Smack MacDougal — Wed, 20 Aug 2008 19:33:23 +0000

Thanks Dan.

You make reading the DR.AU worth it. You express all that needs to be said or written on this topic -- the worst political leadership ever.

When House membership became frozen at 435 in 1913, Americans lost Popular Representation in the House in the face of ever growing head count.

Without Popular Representation, a key design of the founders, the U.S. Congress devoles into a de facto Senate of the Political Class.

From this design change, all problems come forth for Americans.

By: Me

Me — Mon, 18 Aug 2008 00:13:14 +0000

Well Stu, you do have to admit, something that is common amongst Central bankers is a deep distrust of free markets (if not capitalism) and free independent self ruling people (if not democracy). Dan never suggested a simple polarisation between Commies and Capitalists in the problem with Central banking, and it really is very unhelpful to reduce things to that dichotomy.

By: Fast Ben

Fast Ben — Sun, 17 Aug 2008 06:52:51 +0000

An economy built on debt is a false economy.

By: bruce

bruce — Sat, 16 Aug 2008 02:36:57 +0000

Interesting thoughts but whats the alternative.American goverments spend less, unwind the credit debacle that capitalism has created for the average american-australian-briton etc.Big recession-depression,jobless rates soar buissiness collapse much pain for everyone.Nobody wants that and nobody would accept that from politicians,so yeah blame them all for their short sightedness and lack of real leadership on all the issues you mention but the people, either through stupidity or ignorence or maybe even through blind faith wouldn"t have it any other way

By: Stuart Davies

Stuart Davies — Fri, 15 Aug 2008 15:10:50 +0000

Wow, Dan, you hit the proverbial nail smack on the head. It is all so clear now.... don't know why I never saw it before. when the risks of the owners are covered by us little folks, or SOCIALIZED as you correctly point out, this cleary adheres to the precepts of SOCIALISM, right? So then it is an easy leap of logic to your image of Karl Marx nodding sagely at the revelation of our capitalist industrial society having following it's natural mutation into communism.
My god, how can i have been so blind? The Fed has been a hotbed of commies all along! It isn't a cabal of absolutely ruthless, utterly unscrupulous, power mad, control freak, money grubbing capitalist swine who have staged a coup, debased our currency, taken over the mainstream media, and stolen Democracy from the American people... it's the bloody commies!
Guess they were way more devious than any of us ever gave them credit for, eh? Who would have ever thought they'd be clever enough to disguise themselves as central bankers?

By: justin

justin — Fri, 15 Aug 2008 06:42:08 +0000

As Frank Zappa sang way back in 1981

Cause what they do, in Washing-tun
They just take care of number one
And number one ain't youuuuu
You ain't even number twooooo (You are what you is, 1981)