Isn't there another list for this discussion?

As someone who studied economics at Uni, there are certainly problems with most 
developed economies, but the alternatives are worse. And frankly, I doubt many 
of you have actually experienced living in an actual Communist or Socialist-run 
country. The US certainly isn't that.

Cheers
Ken

From: Michael B. Smith [mailto:[email protected]]
Sent: Friday, 22 July 2011 10:23 PM
To: NT System Admin Issues
Subject: RE: The Fed Audit [OT]

Yes... I also noted the fact that the fed had "farmed out to subcontractors" 
most of the monetary disbursement.

Regards,

Michael B. Smith
Consultant and Exchange MVP
http://TheEssentialExchange.com

From: [email protected]<mailto:[email protected]> 
[mailto:[email protected]]<mailto:[mailto:[email protected]]>
Sent: Friday, July 22, 2011 10:00 AM
To: NT System Admin Issues
Subject: RE: The Fed Audit

And with 16 trillion, you just know somebody's pocketed a few million for 
themselves.  Makes the Big Dig in Boston look like peanuts compared to this.
> From: [email protected]<mailto:[email protected]>
> Date: Fri, 22 Jul 2011 09:37:53 -0400
> Subject: The Fed Audit
> To: 
> [email protected]<mailto:[email protected]>
>
> Dean should *love* this:
>
> "The Fed Audit"
> http://sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3
>
> The rhetoric in the press release is rather sensationalist, but the
> fact that the Federal Reserve loaned out $16 trillion to prop up banks
> and businesses is none-the-less interesting. The full GAO report is
> 266 pages long but the introduction paints a picture of an
> organization with likely conflicts of interest, no transparency, and
> little oversight.




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