Allen, boy you like to fight. I though I was talking to SV from CV. (The above quote is not from me. I don’t know why it says that it is. Go back to the original post to see who wrote it.)I actually did not address the enron situation. I don’t know much about it so I can’t comment on it. I don’t like to use strawmen arguements, I like to base opinions on facts as you seem to do too. (that is a compliment so put your fists down). Yes, the book i am reading now, “bailout nation” by ritholtz also says that griffin is heavily biased against the federal reserve so maybe he is.The fact that he might be does not invalidate everything he says just as what bernanke says is not completly invalidated because he is obviously working for the fed. The facts presented in Griffin’s book are hard to argue with however. The task is to filter through the bias and come up with your own analysis of the facts which is why I emphasize the flow of money through the fed as the key to understanding the fed. And, unless griffin is wrong about the flow, the flow causes me great concern because the fed makes a ton of interset/money off of our curency, supposedly giving some/all of it back but we don’t know if they do since a full accounting of all of the money flowing through their system has never been done as evidenced by the refusal to tell congress where it goes. A complete audit would reveal where all of the cash flows to and from as well as all of the stck holders names and associations. No double talk there. I did do more research on the fed, as evidenced by my using the reference that you used in your congresional vote tally from the wikipewdia web site. I said that “maybe” the 3 people voice vote thing came from the final compliation of both congessional bills before wilson signed the bill into law. My saying maybe means that it may or may not have occured. I’m trying to figure out why an seemingly honest man, mike maloney, said that. Everyone has biases. An honest attempt to see other points of view are important to seeing through them and arriving at some sort of truth. Do you agree?
