Reform the Federal Reserve

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12 year old lays out "the issue", that is addressed by the End-the-Fed Ron Paulists.

http://webofdebt.wordpress.com/2012/05/29/out-of-the-mouths-of-babes-twelve-year-old-money-reformer-tops-a-million-views/#more-3787

This is basically the "End-the-Fed" argument, memorized and delivered by a 12 year old. I'm not opposed, and yes, she'll go far, if she can recite her lines this well.

But she didn't make it up. It's the same exact argument of the End to Fed: https://en.wikipedia.org/wiki/End_the_Fed http://www.lewrockwell.com/paul/paul504.html

Remember the guy that came the first week at Dewey with the long leather trench coat? The 1%'r from the North Shore? The guy is a money broker and wants to end the fed. He said that he'd make more money, but not nearly as much as the people who have kidnapped the country. I agree with that. See what people like him and other right winders have to say:

Here is the right wing criticism: http://www.businessweek.com/magazine/content/10_50/b4207035613107.htm

Not a bad thing to end the fed. I agree that we should. But there are great fears with this approach, including uncontrolled inflation. There's a "sect" of the End the Fed" that revolves around public banking, which a number of Ron Paulists call "yet more socialism".

Here's NPR's take:

http://www.npr.org/2010/12/19/132183837/would-ron-paul-really-try-to-end-the-fed

And then the Public Banking Intitute, who is scheduled to speak at NatGat:

http://publicbankinginstitute.org/

Establishmentos...but a shitload better than the 7 families that run the Fed now... The public banking system would have transparent salary structures akin to the gummint. Not perfect. You'll still end up with corruption and power thugs. But better than what we have now. A LOT better.

Thanks for the link to the kid. I posted it on the wiki under the SPP section that highlights a bunch of different reform ideas.