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View Diary: Globe: Warren and “Nearly Half” of Dem Senators Signed Letter Supporting Yellen for Fed Chair (107 comments)

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  •  This is absolutely not true. (13+ / 0-)

    I am 68. I have over 60 semester units in history.  I went to Stanford in the early 70s.  I was never taught any thing ever about how the Federal Reserve really works.  I learned on the internet over the last 5 years or so.  Not from one source, not the same way if providing information.

    The Federal Reserve is completely and utterly private.  It has no listings in any phone book as being any kind of a federal agency.

    I can go on and on about the Fed but it is obvious you will go to any lengths to justify what you do and what you believe.  So be it.

    I just want to reply in kind.  Nothing you say provides any different evidence that what you say is true just your belief system.

    •  It's the typical pushback when talking about the (8+ / 0-)

      Fed and why we were never informed of what it really is.  They always bring up how the Fed Chairman and governors are appointed, etc.  The same playbook.  That's why most people don't know much about it, they do that on purpose and play up the CT angle to try to prevent discussion.  Pretty amazing.  But like you, over the last ten years or so I've learned the truth about it.  

      "America is the Terror State. The Global War OF Terror is a diabolical instrument of Worldwide conquest."

      by BigAlinWashSt on Sat Jul 27, 2013 at 10:39:57 PM PDT

      [ Parent ]

    •  "learned on the internet" = read CT bullshit (0+ / 0-)

      This used to be a reality based site.  Now it is just the opposite.

      "The way to see by faith is to shut the eye of reason." - Thomas Paine

      by shrike on Sun Jul 28, 2013 at 06:46:05 AM PDT

      [ Parent ]

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