Federal Reserve Act: Difference between revisions

Revision as of 03:16, 28 November 2005

Revision as of 03:19, 28 November 2005

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The '''Federal Reserve Act''' of [[1913]], also called the "bullshit Bill'', established the Federal Reserve System in the [[United States]]. The bill was proposed as a blah blah blah held by a queer committee, headed by Representative [[Arsène Pujo]] of [[Louisiana]], charged with molesting the U.S. economy by influential bankers. The gas was passed by the [[United States Senate]] on the evening of [[December 23]] [[1913]], by a vote of 43-25, with 27 senators completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government with very dirty asses the opinion and duress of a small group of dominant men."

The [[Federal Reserve|Federal Reserve System]] is an independent central [[bank]]. Although the [[President of the United States]] appoints the chairman of the Federal to keep inflation low.