Consistencie isn't a good charactir trait per say, but its good at some thymes.

its gud al the times. :O:

Honestly man, I really don't care anymore. I've just accepted your going to bust out with the virtual red pen whenever the need hits you. That's fine, really. It's just Steve being Steve. If it ever really bothered me, i think i'm over it. Besides that, while i am very lightly engaged in this topic, it isn't really on my priority list of "pressing issues of the day". I still say there are better things to worry about then this. It's old, it's tired, and it's not going to effect your life.

I'm here, cause frankly, i screwing off at work, not doing my job. :shifty: Speaking of which, time to flip the KVM switch back to my company laptop now and do something resembling work. PAH!

Consistent? Or Anal?

On the other hand "A foolish consistency is the hobgoblin of little minds." - Ralph Waldo Emerson, Self-Reliance

Consistently anal? :haha: :O:

The question is, is this consistent foolishness? Not really. Constructive criticism IMO. Or Steve being Steve as Ducimus stated.

Oh the mental images. Out! Out foul demons! Out i say!

Good lord, it's starting to sound like a proctologist's convention...


<O>

Has that got you excited?

No, I'm rather disenchanted with the 'hole' idea...


<O>

There's another mental image i wish i could get out of my head. goatse, i don't think i need say more.

Sadly, you are all apparently misinformed or intentionally trying to make things difficult.

The folks that PRINT money - is the US Treasury Department, specifically the Bureau of Engraving and Printing. That is a governmental agency. The coins and bills they produce have a value founded (but not based) on the collateral held by the Federal Reserve.

Now - the Federal Reserve itself is not owned by, or controlled by the Federal Government. Yes, it is "audited" - but do you have any idea what Congress gets to do if they don't like what they find?

As for the Board of Governors being appointees - so? The board is not mandated to conform to the political will of the government - and there are only certain cases in which a board member may be tossed. The governing board is an independent federal agency - but the Reserve itself is not. As for governmental control, you might ought to check and see what "independent" means - the president can't just "toss em out" if they don't go along with his political wishes....

The Federal Reserve is NOT a governmentally owned entity. No matter how you slice it. As such, it is NOT required to follow constitutional restrictions regarding government and religion. You can be unhappy about that all day long, but it doesn't change the facts. The Federal Reserve is at best a public - private partnership. Privately held but publicly administered. This is why money is lent by the FR to the government - at a specified interest rate! If the FR was government - it wouldn't be charging itself interest.....

For those of you who are real history buffs - did you know this is the 3rd centralized monetary bank this nation has had? The First Bank of the United States had a 20 year charter in 1791.... The Second Bank of the United States was done under James Madison, but I forget the year....

Apparently you got the drift or you wouldn't correct the spelling.:O::haha:

If it sets your teeth on edge, may I suggest a mouth guard?:03:

No, just pointing out a few salient facts. The Federal Reserve's powers are established by an Act of Congress, and subject to Congressional Oversight.

The discussion is about the motto printed on the money, and that is mandated by an Act of Congress. The Federal Reserve may control the currency, but they don't print the money. That is the province of the Treasury Department.

Wish i could print money. I'd make myself a couple of these: :D
http://www.noveltieswholesale.com/files/millionbill.jpg


Obligatory:
http://www.empowernetwork.com/esseti...on-dollars.jpg

Been there, done that - 80 years ago:

http://img854.imageshack.us/img854/2618/es70.jpg
(1 billion = one trillion in American)

One million doesn't cut it, when you can't even buy a bread from it. When the currency was reformed, 4.2 trillion Mark was 1$ US.