Who owns the FED?

[Travis Retriever]

Just checking, but does anyone else have anything to say about the actual topic?

I don't.

By the way, I sent you a PM through this forum.  Did you get it?

[Virgil0211]

1) Love your new userpic VectorM!

I second that, though I preferred Dukat and Garak. =P

[Gumba Masta]

I don't.

By the way, I sent you a PM through this forum.  Did you get it?

Oh, so did I. On both counts.

[sfiorare]

'it's obvious that presidents do influence the fed and that congress created it to be that way.'

invalid appeal to common knowledge fallacy and an argument by assertion fallacy. Can you respond to a legitimate argument without resorting to fallacies?

hey Virgil0211, stop pretending you understand logic, philosophy, history and economics

"monetary policy is quite responsive to political climate, especially as represented by the preferences of the President"

source: 'Congress, the President and the Federal Reserve' by Irwin L Morris  p 9

link:  http://books.google.com/books?id=yJRtr5zu0AMC&pg=PA8&lpg=PA8&dq=the+political+influence+of+the+fed+%22weintraub%22&source=bl&ots=HUrIOzhAaP&sig=WUtm0j8Ckf0PMQZZAG9Fgbu7feA&hl=en&ei=VkQCTcacKsOC8gbau9jtAg&sa=X&oi=book_result&ct=result&resnum=2&sqi=2&ved=0CCAQ6AEwAQ#v=onepage&q=the%20political%20influence%20of%20the%20fed%20%22weintraub%22&f=false


**************************************************************************************************

"Several administrations used appointments to influence Federal Reserve decisions"

source: ‪History Of The Federal Reserve‬ By Allan H. Meltzer  p 21

link:  http://books.google.com/books?id=8peFljjm5CQC&pg=PA21&lpg=PA21&dq=nixon+influence+federal+reserve&source=bl&ots=xkYppyGTR1&sig=cNoL4XLClJPZN30nZjoc-WilFgc&hl=en&ei=UUICTb-2H4Gq8AbMwum9CQ&sa=X&oi=book_result&ct=result&resnum=2&sqi=2&ved=0CCAQ6AEwAQ#v=onepage&q=nixon%20influence%20federal%20reserve&f=false

**************************************************************************************************

if you [fed chairman] want to keep your job... you do what the boss [president] wants


source: Thomas DiLorenzo   go to 35:00 [yt]VTs2ttdKatQ[/yt]   


**************************************************************************************************

Anyone who wants to see this guy get torn to shreds whilst committing fallacy after fallacy in a vain attempt to save himself, check out the bogosity.tv forums. Considering how poorly he's able to defend himself, it's no wonder he started deleting comments that refer to the place on his page.

wrong again, but that's pretty funny coming from someone that blocked me on you tube

what's the matter, did you get tired of being shown your errors?

[Gumba Masta]

My good goodness. You actually made a post longer than a word.
Are you feeling well?

[sfiorare]

My good goodness. You actually made a post longer than a word.
Are you feeling well?

i feel fine

remind me what grade you're in?

[Gumba Masta]

Second grade. I'm your senior so watch it.

[VectorM]

i feel fine

remind me what grade you're in?

No capital letters, just like in ALL of your posts, including YouTube.

You are a master of self irony.

[sfiorare]

Second grade. I'm your senior so watch it.

i completed the 2nd grade in 1963

No capital letters, just like in ALL of your posts, including YouTube.

You are a master of self irony.

have you ever heard of ee cummings or bill gates?

[Gumba Masta]

I completed the 2nd grade in 1963.

Welcome to 1962, Marty.

[Virgil0211]

hey Virgil0211, stop pretending you understand logic, philosophy, history and economics

"monetary policy is quite responsive to political climate, especially as represented by the preferences of the President"

source: 'Congress, the President and the Federal Reserve' by Irwin L Morris  p 9

link:  http://books.google.com/books?id=yJRtr5zu0AMC&pg=PA8&lpg=PA8&dq=the+political+influence+of+the+fed+%22weintraub%22&source=bl&ots=HUrIOzhAaP&sig=WUtm0j8Ckf0PMQZZAG9Fgbu7feA&hl=en&ei=VkQCTcacKsOC8gbau9jtAg&sa=X&oi=book_result&ct=result&resnum=2&sqi=2&ved=0CCAQ6AEwAQ#v=onepage&q=the%20political%20influence%20of%20the%20fed%20%22weintraub%22&f=false


**************************************************************************************************

"Several administrations used appointments to influence Federal Reserve decisions"

source: ‪History Of The Federal Reserve‬ By Allan H. Meltzer  p 21

link:  http://books.google.com/books?id=8peFljjm5CQC&pg=PA21&lpg=PA21&dq=nixon+influence+federal+reserve&source=bl&ots=xkYppyGTR1&sig=cNoL4XLClJPZN30nZjoc-WilFgc&hl=en&ei=UUICTb-2H4Gq8AbMwum9CQ&sa=X&oi=book_result&ct=result&resnum=2&sqi=2&ved=0CCAQ6AEwAQ#v=onepage&q=nixon%20influence%20federal%20reserve&f=false

**************************************************************************************************

if you [fed chairman] want to keep your job... you do what the boss [president] wants


source: Thomas DiLorenzo   go to 35:00 [yt]VTs2ttdKatQ[/yt]   


**************************************************************************************************

wrong again, but that's pretty funny coming from someone that blocked me on you tube

what's the matter, did you get tired of being shown your errors?

The discussion you're referring to was about the ability of the president to influence the policy of the Federal reserve during the great depression. All of your sources refer to the structure of the federal reserve right now. FletchforFreedom already beat you on this argument. Your only response to the data was to repeat your original argument, the argument by assertion fallacy.

http://www.youtube.com/user/FletchforFreedom

http://www.youtube.com/watch?v=VTs2ttdKatQ

Interesting how you can't even defend yourself except by insulting, quote-mining your opponent, and substituting reasoned arguments for clumsy rhetoric. If you're just going to bore me instead of presenting a challenge, or even an argument, why should I spend that much time on you? You're little more than an amusement to me. You want onto my friends list so that you can message me? Prove yourself. Make one good argument for every bad one you've made here, against Fletch, etc. By now, you're up to 37, and that's just in the past 2 weeks.

[sfiorare]

The discussion you're referring to was about the ability of the president to influence the policy of the Federal reserve during the great depression.

no, i said the president had influence over the federal reserve before, during and after the depression

[Gumba Masta]

No, I said the president had influence over the federal reserve before, during and after the depression.

Which means exactly what? That frogs eat lepers during hollidays? That cows and pigs have a tendency to break into songs about a poor jewish kid discovering his love for the violin? Could you please elaborate more?

[sfiorare]

Which means exactly what? That frogs eat lepers during hollidays? That cows and pigs have a tendency to break into songs about a poor jewish kid discovering his love for the violin? Could you please elaborate more?

watch the video, read the books i referenced, google it or take econ 101

[Gumba Masta]

Watch the video, read the books I referenced, google it or take econ 101.

Videos are used by our reptilian overlords to rot our brains, Google is a tool by the NWO to screen our sperm and books are eating our children!
Also, I'm taking one of your bogons put them in my bunker.