Bad Food It Is Like?
a: Federal reserve ~
b: Grape Nuts
What: "Wrong. The Federal Reserve is like Grape Nuts. Grape Nuts are not grapes, and they are not nuts. The Federal Reserve is neither Federal, nor a Reserve. It is a privately held bank. In 1913, via the Federal Reserve Act, we turned control of our money supply over to the Federal Reserve. In exchange, we got to appoint the Chairman of this Privately-held Bank's board. ( who can be out-voted by the rest of the board)."
Useful?
Writer: rabscuttle385
LCC:
Where:
Date: Dec 11 2012 1:49 PM
# 2565 Critique Analogy