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Ron Paul on the Federal Reserve

cryptographrix says...

My point is - we didn't NEED the Fed, in the first place, and it most certainly did NOT help the United States to get it.

Also, the examples you cite are somewhat flawed:
Argentine Currency Board - Based on the design of the Federal Reserve, and even linked the peso with the USD at a rate of 10,000:1

Economy of the Socialist Federal Republic of Yugoslavia - "Despite Belgrade's non-alignment and its extensive trading relations with the European Community and the US, the Reagan administration targeted the Yugoslav economy in a "Secret Sensitive" 1984 National Security Decision Directive (NSDD 133), "Us Policy towards Yugoslavia." A censored version declassified in 1990 elaborated on NSDD 64 on Eastern Europe, issued in 1982. The latter advocated "expanded efforts to promote a 'quiet revolution' to overthrow Communist governments and parties," while reintegrating the countries of Eastern Europe into a market-oriented economy. [2]

Western trade barriers, dramatically reduced its economic growth. In order to counter this, Yugoslavia took on a number of International Monetary Fund (IMF) loans and subsequently fell into heavy IMF debt. As a condition of receiving loans, the IMF demands "liberalisation" of Yugoslavia. By 1981, Yugoslavia had incurred $19.9 billion in foreign debt. However, Yugoslavia’s real concern was the unemployment rate, at 1 million by 1980."

Wow, man, you're really making me realize how much the United States Government has used it's economic influence and power to mess up other countries - with organizations like the IMF and World Bank backing us the entire time.

Your arguments, while trying to show how the Federal Reserve benefits us, only seem to show that, once organizations like the IMF and World Bank(and, subsequently, some of the richest people in the world that ARE invested in our Federal Reserve) start pulling their money out, we're screwed - I don't doubt(after researching the countries you mention), that this country will suffer a worse fate - I mean, how could our Federal Reserve possibly PROTECT our currency from the same fate as that of the Argentinian currency?...especially when it WAS the same system that caused their collapse?

Again - I ask - If everybody else around the world is following a "fad," why argue for that international "fad," especially by ignoring the signs of damage that said "fad" has caused?

Joel Veitch [rathergood] vs Coca-Cola (C4 news, more insde)

benjee says...

So a legal battle possibly held either in the UK court or Argentine one; against one of the worlds largest multi-national corporations, opposing their marketing (which gave us Christmas colours?): over a breach of copyright - isn't a political topic?

The day you stop mis-labelling/channeling your own Sifts is the day I start taking advice over it from you (as in, never). And where's the geek? (rhetorical question Farhad...not up for debate with you)

Joel Veitch [rathergood] vs Coca-Cola (C4 news, more insde)

'Scent of a Woman' - Great Moments In Cinema

Farhad2000 says...

Scent of a Woman is a 1992 film which tells the story of a preparatory school student who takes a job as an assistant to an irascible blind, medically retired Army officer. It stars Al Pacino, Chris O'Donnell, James Rebhorn, Gabrielle Anwar, and Philip Seymour Hoffman. It won the Academy Award for Best Actor (Al Pacino) and was nominated for Best Director, Best Picture and Best Adapted Screenplay.

This should be watched by everyone growing up. Some trivia for you

* Al Pacino was helped by a school for the blind in preparation for his role. He says he made himself look blind by not focusing his view on anything, and that using prosthetic contact lenses would "fake" his performance.

* During the disciplinary meeting, the headmaster tells Slade "You are out of order!", a line told to another of Pacino's characters in ...And Justice for All (1979).

* Director Martin Brest disowned the version of the film shown on airlines and television.

* In order to get Charlie out of the hotel room Slade asks him to buy some aspirins and a Montecristo no. 1 cigar, a Cuban product banned in the US due to the Cuban embargo. As this task is impossible it would keep Charlie away for a long time.

* Pacino prepared for the famous "tango" scene in the movie by taking intensive Argentine tango lessons at DanceSport, a Manhattan dance studio located near Columbus Circle.

* Slade notices the girl he will tango with a few minutes later by her smell. When Slade and Charlie talk to her, she tells her name was Donna - which is the Italian word for "woman". The approach scene therefore is a homage to the title of the original 1974 movie Profumo Di Donna.



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