Posted: Wed Sep 04, 2013 8:28 pm
The lepearchauns wrote:The federal reserve is a bank put in place to run the US government. It is in charge of the national debt, financing government, setting banking standards like long term interest rates and managing the countrys currency system. Without it, the government has no money, the government has no way to borrow money(unless you want Obamas bank account managing trillions of dollars), US banking loses most of its regulation and the US economy collapses into itself overnight...so tell me again how abolishing it overnight is a good thing?
Jackson did it and it all turned out fine.