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Socialism never took root in America because...

Started by Julie Marie, February 26, 2012, 09:52:11 AM

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tekla

If anyone's interested, what Roosavelt did was create the federal reserve.

Hell people would be real damn interested in that, because it make FDR capable of time travel, allowing him to go back to 1913 - some 17 years BEFORE his inauguration - and magically act as President when in fact, someone else - Woodrow Wilson - was in that office at that time and promoted the very same legislation. 

Of course it was hardly new, from 1791 to 1811 there was the First Bank of the United States followed by the Second Bank of the United States (1816–1836), an Independent Treasury System from 1846–1921, and true national banks beginning in 1863.  If - since America has set this terrifyingly detrimental standard, other western countries have not found it alarming to become similarly hopelesly in debt - is true (and I'm not sold on that either), then it's their own fault, we've never said it was a model, we've always said it's an experiment.
FIGHT APATHY!, or don't...
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cradle_o

The people I've known to spout 'The Fed!' tend to be on the fringes of the political scene in the US: Ron Paul people, other flavors of Libertarian, far right and some far left in that area where the extremes of the spectrum collide a bit.

Maybe this warrants a separate thread, but it seems to fit, so...

What is the great evil about the Federal Reserve really? If the opponents to it (or whomever) can manage to elucidate that some, I wonder what they'll say the alternative is...
I'm not really very well versed in it. I hadn't thought that much about it until it became such a... a meme. But I have noticed that this kind of question has yet to be met with an actual argument so far in my experience.
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Mistelle

Well, if you talk about soviet variant of it - yes, it won't, because we had to live with a dictator, but you have your own way of developement of it. So, I think, that you will show us how rally to build it
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