Quote:
Originally Posted by raymor
Tea Party republicans have a strong anti-federal reserve message. See the quote above from the founder of the American Tea Party.
The federal reserve is a democrat creation, introduced by democrat Carter Glass and signed into law by democrat Woodrow Wilson, over opposition by business minded republicans who foresaw the danger to the economy.
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nope it was based on a republican idea
The head of the bipartisan National Monetary Commission was financial expert and Senate Republican leader Nelson Aldrich. Aldrich set up two commissions?one to study the American monetary system in depth and the other, headed by Aldrich himself, to study the European central banking systems and report on them.[24] Aldrich went to Europe opposed to centralized banking, but after viewing Germany's monetary system he came away believing that a centralized bank was better than the government-issued bond system that he had previously supported.