Originally Posted by chiefzilla1501
I don't know why you insist that both Obama/Bernanke and corporations are both a part of the problem, versus insisting that one is the problem and the other is not.
Because in the case of Bernanke, he runs a hybrid quasi public institution that has been granted a govt charter for a monopoly of the money supply. It was created by govt to enable the govt to spend recklessly. You missed the enabling part which was stated. Or you deliberately ignored it because it doesn't suit the strawman you're making here. I'm ahead of you though. The Fed is not an institution created by any market forces that delivered goods or services that people willing exchanged their money for on a voluntary basis. And it actually really does rape the public while pretending to operate for the public good.
"“Perhaps one of the most important accomplishments of my administration has been minding my own business.”" — Calvin Coolidge
Last edited by BucEyedPea; 05-06-2013 at 06:42 PM..