Here is one from the other tread. Submitted by Allan from Fallbrook on May 29, 2010 – 2:18pm.
eavesdropper wrote:
You are playing a dangerous game with your freedom when you remain in selective ignorance by placing all your trust in authors whose writings mirror your own thoughts, philosophies, and prejudices.
Excellent quote, eavesdropper. Investor, I’d use the example of selecting a surgeon for a very dangerous brain operation. I’d imagine you’d do a great deal of research on this doctor, including verifying that he/she is a Fellow with the American College of Surgeons (FACS), has done this operation (and with success) numerous times before, and is well regarded as a leader in the field of brain surgery.
I cannot imagine you’d simply pick someone because they told you they’d read some books on the subject, found it interesting, and would like to take a crack at trepanning you for the hell of it.
You mentioned that I like to fight. I actually don’t. I enjoy debating tremendously and I hate being misquoted. In this case, I found your lack of intellectual curiosity frustrating, especially given your slavish adherence to what amounts to a crackpot (hence my suggestion to do a little digging into Mr. Griffin’s background). Further, you had professionals like SK (CPA) and Davelj (banking and finance) weighing in and offering excellent insights on the subject and you’re retorting with Wiki entries and an added dollop of Griffin.
As with anything else: DIG. Even more important, find the facts. “In God We Trust. Everyone Else Bring Data”. A most excellent tagline, don’t you agree?
Here is another one from SV from CV.
Submitted by SK in CV on May 24, 2010 – 12:14pm.
investor wrote:
Good questions. The fed has never been audited. We don’t know who owns the shares.
I’m not sure why you think an audit would necessarily reveal ownership. For publicly traded companies, the only required disclosure is for 5% or more ownership. From my previous life as a CPA, my recollection is that disclosure of ownership is not necessarily required unless it is material to the ongoing business of the entity.
What we do know from other disclosures, is that all federally chartered banks have investments in the fed, and through the fed’s website (and in some cases from individual stockholder banks financial disclosures) that ownership (and investment) is based on the capital of those individual banks and pays a fixed rate of return.
I didn’t bring up credentials first. SV from CV and Allen from Fallbrook did, as I have said. You made me go back and prove you wrong. I wasted my time doing so. Will you say that you were wrong or will you try to wiggle out of it? (I know that you did not give out credentials but the three of you are siblings anyway.)I thought so.
