Pericles I seem to remember you making excuses for one Elizabeth Coleman the US Govts Chief inspector for the Board of Governors of the Fed.You suggested that Alan Grayson was intimidating her and that she was over awed by the moment hence could not give a coherent response to any of his questions.The reality is that Coleman the Govt representative is just the tool of the Fed.They say jump,and she asks ,"How high?"

I was not back pedalling,merely qualifying the fact that hyper-inflation is a real possibility.Don't try to put your asumptions into my line of logic.

I have noticed a shift in attitude in both you and Yabby.Your defence of the Fed is not so intense in recent posts but your egos will not permit a loss of face.

Winning the argument is far less important than winning the war for freedom and true democracy.We are losing our freedoms due to attacks from Corporate and Govt avarice.Throughout history people have chosen death over slavery.The debt slaves in the US are on a mission to take back their country.End the Fed movement now has serious momentum.

There's a reason for everything, Arjay.

>>I have noticed a shift in attitude in both you and Yabby.Your defence of the Fed is not so intense in recent posts<<

Given that you appear to have accepted the reality of the Fed's role, and consequently have stopped making the wild and wacky accusations that you began with, there is far less to become intense about.

I don't expect you to actually thank me or Yabby for the basic financial education we have provided over the past few weeks. But we can tell from your silence that the message is getting through.

Which is thanks enough, really.

*I have noticed a shift in attitude in both you and Yabby.Your defence of the Fed is not so intense in recent posts but your egos will not permit a loss of face.*

Nonsense Arjay. I simply take a very different understanding of
all these things, then you do and I do my homework.

The Fed, as it is set up today, happened for good reasons, read
your history. You are free to jump to your conspiracy theories,
but I am a little more objective then that.

Some Americans right now, are running around trying to blame
all sorts of things for their predicament. Its a human foible,
it was never us, or our bad judgement, it was the rest of the world!

Speak to a bloke who goes broke in business. It seemingly was never
his bad judgement, it was the economy, or the Govt, or the weather,
or whatever.

They have just locked up Mr Madoff for 150 years, as he was a crook
and robbed people of billions. Some people went to the SEC, who
were meant to check on Mr Madoff. They gave them a little map,
showed them how he did it. The SEC put it in a drawer and ignored
it. George Bush appointed Mr Cox to run the SEC, put pointed out
that regulation was not required. Americans voted for George
Bush and his bad judgement. But of course now they do not want to
carry their share of the blame, but search for smoking guns.

The Fed is an easy target

extracted from
http://www.infowars.com/banksters-love-cap-and-trade/

Obama,..who was instrumental in helping set up the Chicago Climate Exchange http://www.canadafreepress.com/index.php/article/9629

for his political cronies like Al Gore, who already has a company which he uses to buy carbon credits from himself http://www.digitaljournal.com/article/251232
and the smartest guys in the room
http://www.youtube.com/watch?v=0zMakN-EMLg
who helped concieve this enron scam
http://cei.org/gencon/019,02898.cfm
and the same boys club all ready plundered 12 trillion
http://www.bloomberg.com/apps/news?pid=20601087&sid=armOzfkwtCA4&refer=worldwide

and who had made multi-million dollar investments in companies developing carbon tracking software that will be essential to the new carbon-swindle economy.
http://www.canadafreepress.com/index.php/article/11607

the entire idea of “cleaning” the atmosphere of carbon dioxide seems a bit ridiculous when you realize that by historical levels we are living in a CO2-starved environment,
http://www.junkscience.com/MSU_Temps/historical_CO2.htm

that global surface temperatures are dropping,
http://www.dailytech.com/Temperature+Monitors+Report+Worldwide+Global+Cooling/article10866.htm

that global ocean temperatures are dropping,
http://exposingtheleft.blogspot.com/2007/09/global-ocean-temperatures-drop-to.html

that key proponents of the manmade global warming theory have been caught faking data to support their arguments,
http://www.prisonplanet.com/ipcc-scientists-caught-producing-false-data-to-push-global-warming.html

that Arctic sea ice is expanding,
http://www.cbc.ca/technology/story/2008/02/15/arctic-ice.html
and that sea levels are not rising.
http://www.telegraph.co.uk/comment/columnists/christopherbooker/5067351/Rise-of-sea-levels-is-the-greatest-lie-ever-told.html

But why let actual science get in the way of a good scare story,
http://mediamonarchy.blogspot.com/2009/06/another-bill-congress-didnt-read-coming.html
especially when that scare story can be used to create a new trillion dollar industry for the banksters?
http://zerohedge.blogspot.com/2009/06/goldman-sachs-engineering-every-major.html