The case for Alexander Hamilton

[Rune]

What other entity whom the president appoints the entire board of directors of does anyone ever refer to as "private"?

What percentage of ownership of the Fed is not "private"?

 

[FUCK THE POLICE]

Do the presidents of the regoinal Fed banks act as directors? Does the president appoint them?

The central board does all of the important regulatory duties that have national importance. The regional banks, for instance, don't have any control over the money supply.

 

[FUCK THE POLICE]

What percentage of ownership of the Fed is not "private"?

Go away you stupid fascist troll.

 

[Minister of Truth]

The original National Bank (FBUS) was actually chartered so that a percentage of it's board was private sector, and a percentage civil service employees. It ran beautifully, and was not noted for waste or corruption. I don't know what the SBUS was like in comparison, but it was chartered by Madison, who was anti-Bank (but changed his mind after the War of 1812 out of panic for how difficult public financing was for the war, absent the FBUS), and it was rife with corruption and waste.

I don't think the Fed is modeled much after the FBUS, though...

 

[Rune]

Go away you stupid fascist troll.

I asked you three simple questions. You didn't answer a single one.
If this guy is your hero you should be able to defend what he stands for.

 

[Phantasmal]

"these are times that try men's souls".

 

[Rune]

I hardly promote fascism. The FED has that covered.

 

[Rune]

It is not my job to educate you, idiot.

Let me put it this way then, what does the Fed do that could note be done by Treasury?

 

[Minister of Truth]

Let me put it this way then, what does the Fed do that could note be done by Treasury?

It issues lot's of notes?