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Will the Federal Reserve Cause a Civil War?

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  • Will the Federal Reserve Cause a Civil War?

    Not saying I agree or disagree with the article and/or its time frame...just posting as food for thought.

    Bernanke critics are on the attack (Joe Raedle/Getty Images) What is the most likely cause of civil unrest today? Immigration. Gay marriage. Abortion. The results of Election Day. The mosque at Ground Zero. Nope. Try the Federal Reserve. Nov.


    Will the Federal Reserve Cause a Civil War?
    Posted by Stephen Gandel Tuesday, October 19, 2010 at 5:35 pm

    What is the most likely cause today of civil unrest? Immigration. Gay Marriage. Abortion. The Results of Election Day. The Mosque at Ground Zero. Nope.

    Try the Federal Reserve. November 3rd is when the Federal Reserve's next policy committee meeting ends, and if you thought this was just another boring money meeting you would be wrong. It could be the most important meeting in Fed history, maybe. The US central bank is expected to announce its next move to boost the faltering economic recovery. To say there has been considerable debate and anxiety among Fed watchers about what the central bank should do would be an understatement. Chairman Ben Bernanke has indicated in recent speeches that the central bank plans to try to drive down already low-interest rates by buying up long-term bonds. A number of people both inside the Fed and out believe this is the wrong move. But one website seems to believe that Ben's plan might actually lead to armed conflict. Last week, the blog, Zerohedge wrote, paraphrasing a top economic forecaster David Rosenberg, that it believed the Fed's plan is not only moronic, but "positions US society one step closer to civil war if not worse.".................................
    Read the full article at the link.

  • #2
    That is an interesting view. I think the idea of a civil war over it is highly exaggerated. I find it incredibly interesting that the Federal Reserve is a private bank, a corporation. The people who run it have nothing to do with the government or serving the people. They serve themselves and usually corporations making them richer. It doesn't surprise me that the Fed Res is not working in the interest of the people, it doesn't have to corporations don't have feelings. More accurately, the people running the corporations don't have general well-being of the nation on top priority, making money is always top priority or the people don't seem to last long. It is just the way it is I guess.
    All I need is a pocket knife, super silver, and some rope.

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