Quote:
Originally Posted by IllTestYourGirls
Why is the left so in love with the federal reserve? We do not need to raise the debt limit. We need to demand the fed forgive the debt it bought, with our money that it printed and gave itself, and stop paying interest on our current debt to the fed, with our money that they printed and lent out. After all it is our money, not the feds. This would free up tons of money and hold us over until we can actually cut the budget and balance the budget.
Edit: Just so you know I am not calling Buffett a leftist, I know he is on the right.
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We can demand all that we want... the "Federal" reserve is not a part of our government.. people talk about overhauling it or doing this or that with it all of the time, but, you can't do it and neither can our government. It's NOT ours. It is privately owned. If you can manage to find out who owns and controls it (forget about it - all you see is their stand up media boys) you might ask them VERY nicely...
http://en.wikipedia.org/wiki/Bank_War