🚀 go-pugleaf

Paul Maffia wrote:

> Ah, the moron comes back with a Wikipedia cite.
> "Tom P" <nospam@nospam.com> wrote in message 
> news:IpeRi.9838$BT5.8208@newsfe18.lga...
> 
>> Paul Maffia wrote:
>>
>>> "Tom P" <nospam@nospam.com> wrote in message 
>>> news:vrbRi.19034$UN.2765@newsfe24.lga...
>>>
>>>>
>>>> I thought you knew something but all you are doing is naval gazing.
>>>
>>>
>>>
>>> And you proceed top prove you know nothing about the subject.
>>>
>>>> The origional post pointed out that the Federal Reserve is privately 
>>>> owned
>>>
>>>
>>>
>>> The Federal Reserve is not privately owned. Never was, is not now, 
>>> nor will it ev er be.
>>>
>>
>>
>>  The Federal Reserve System, created in 1913, is a private banking 
>> system composed of (1) the presidentially-appointed Board of Governors 
>> of the Federal Reserve System in Washington, D.C.; (2) the Federal 
>> Open Market Committee; (3) 12 regional Federal Reserve Banks located 
>> in major cities throughout the nation acting as fiscal agents for the 
>> U.S. Treasury, each with its own nine-member board of directors; (4) 
>> numerous private U.S. member banks, which subscribe to required 
>> amounts of non-transferable stock in their regional Federal Reserve 
>> Banks; and (5) various advisory councils.
>>
>> http://en.wikipedia.org/wiki/Federal_Reserve_System
>>
> 
> Unfortunately, wikipedia is incorrect when it says, "...   is a private 
> banking system ... ."
> To be accurate it should have said that the System is a quasi Government 
> and quasi private banking system. That means it is a combination of 
> both. Read the law, moron!
> 
> Of course, since you have no functional knowledge of The Fed, you have 
> no basis to judge if the wikipedia article is correct or not.
> 
> I notice you did not bother to  read what I wrote below and answer the 
> questions. Of course, if you could read and understand English and had 
> actually understood what I wrote you would not sit on your ass a cite a 
> source that makes an incorrect statement.
> 
> You are a moron!

Are you so insecure in your beliefs that you resort to attacking anyone 
that disagrees with you? That is not how intelligent debate goes. Io 
you, everyone else is wrong and you are right without providing any 
proof to back up your postion.

You are an example of the "Ugly American"; a loudmouth jerk!