Quote:
Originally Posted by tony286
nope it was based on a republican idea
The head of the bipartisan National Monetary Commission was financial expert and Senate Republican leader Nelson Aldrich. Aldrich set up two commissions?one to study the American monetary system in depth and the other, headed by Aldrich himself, to study the European central banking systems and report on them.[24] Aldrich went to Europe opposed to centralized banking, but after viewing Germany's monetary system he came away believing that a centralized bank was better than the government-issued bond system that he had previously supported.
|
Are you claiming that democrat Carter Glass and democrat Robert Owen didn't author the Federal Reserve Act, or are you claiming that democrat Woodrow Wilson didn't sign it into law?
Under the Aldrich plan, which wasn't passed, any debt would have to be paid by the banks who chose to use the system, not by the taxpayers. The compulsory federal reserve which puts the public on the hook for bankers' actions, the federal reserve, is the democrat plan.
__________________
For historical display only. This information is not current:
support@bettercgi.com ICQ 7208627
Strongbox - The next generation in site security
Throttlebox - The next generation in bandwidth control
Clonebox - Backup and disaster recovery on steroids