Comments on: McKinney: Nationalize the Federal Reserve http://www.greenpartywatch.org/2008/09/25/mckinney-nationalize-the-federal-reserve/ America's #1 Source for Green Party News & Views Sun, 12 Feb 2012 00:06:58 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Brian http://www.greenpartywatch.org/2008/09/25/mckinney-nationalize-the-federal-reserve/comment-page-1/#comment-5836 Brian Thu, 09 Jul 2009 20:25:23 +0000 http://www.greenpartywatch.org/?p=628#comment-5836 Some good points, however, most of the economists who predicted and warned of the economic crisis were "Free Market" Austrian economists. The free market is not to blame, rather corporatism and governments use of regulation to support corporatism. This includes governments alliance with private baning interests in creating and sustaining the Federal Reserve System. What Mckinney blames on the "free market", is what true "free market" advocates call Corporatism. True implementation of and protection of the "free market" would protect the little guy, it is government regulation that has been used to favor the interests of big business and special interests over the general welfare of the people. Some good points, however, most of the economists who predicted and warned of the economic crisis were “Free Market” Austrian economists. The free market is not to blame, rather corporatism and governments use of regulation to support corporatism. This includes governments alliance with private baning interests in creating and sustaining the Federal Reserve System. What Mckinney blames on the “free market”, is what true “free market” advocates call Corporatism. True implementation of and protection of the “free market” would protect the little guy, it is government regulation that has been used to favor the interests of big business and special interests over the general welfare of the people.

]]> By: Karl Severson http://www.greenpartywatch.org/2008/09/25/mckinney-nationalize-the-federal-reserve/comment-page-1/#comment-1683 Karl Severson Mon, 29 Sep 2008 05:00:20 +0000 http://www.greenpartywatch.org/?p=628#comment-1683 I agree with many of your 14 points, however you may want to consider different priorities, i.e. nationalize the Fed should be #1 in my view. It would be constructive to think about how to implement them in a manner that would be most effective in restoring the U.S. economy to a constitutional basis in the least disruptive manner possible. Godspeed, Karl I agree with many of your 14 points, however you may want to consider different priorities, i.e. nationalize the Fed should be #1 in my view. It would be constructive to think about how to implement them in a manner that would be most effective in restoring the U.S. economy to a constitutional basis in the least disruptive manner possible.

Godspeed, Karl

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