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SUBSIM: The Web's #1 resource for all submarine & naval simulations since 1997 |
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#61 |
Navy Seal
![]() Join Date: Mar 2000
Posts: 8,643
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#62 | |
Lucky Jack
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“You're painfully alive in a drugged and dying culture.” ― Richard Yates, Revolutionary Road |
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#63 | |
Rear Admiral
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I'm here, cause frankly, i screwing off at work, not doing my job. ![]() |
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#64 |
Eternal Patrol
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Consistent? Or Anal?
On the other hand "A foolish consistency is the hobgoblin of little minds." - Ralph Waldo Emerson, Self-Reliance
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“Never do anything you can't take back.” —Rocky Russo |
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#65 | |
Lucky Jack
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![]() ![]() The question is, is this consistent foolishness? Not really. Constructive criticism IMO. Or Steve being Steve as Ducimus stated.
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“You're painfully alive in a drugged and dying culture.” ― Richard Yates, Revolutionary Road |
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#66 |
Rear Admiral
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#67 |
Navy Seal
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Good lord, it's starting to sound like a proctologist's convention...
<O>
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#68 |
Eternal Patrol
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Has that got you excited?
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“Never do anything you can't take back.” —Rocky Russo |
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#69 |
Navy Seal
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No, I'm rather disenchanted with the 'hole' idea...
<O>
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#70 |
Rear Admiral
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#71 |
Silent Hunter
![]() Join Date: Apr 2007
Posts: 4,404
Downloads: 29
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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....
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Good Hunting! Captain Haplo ![]() |
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#72 | |
Navy Seal
![]() Join Date: May 2007
Location: On a mighty quest for the Stick of Truth
Posts: 5,963
Downloads: 52
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Quote:
![]() ![]() If it sets your teeth on edge, may I suggest a mouth guard? ![]()
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#73 | ||
Eternal Patrol
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Quote:
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“Never do anything you can't take back.” —Rocky Russo |
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#74 |
Rear Admiral
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Wish i could print money. I'd make myself a couple of these:
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#75 |
Ocean Warrior
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Been there, done that - 80 years ago:
![]() (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. |
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