On Tue, 6 May 1997, Mason A. Clark wrote:

> > the Secrets of the Federal Reserve?  --------
> >
> >"*The existing banking system is not democratic."
> >
> >Sounds like an interesting book. I'll look for it, although I think I
> >already know what some of the "secrets" are.
> >
>
>   For God's sake! Of all the Internet on this list
>   to read of the secret banking conspiracy could
>   make me give up all hope.  Are brains obsolete?

I DON'T BELIEVE IN A SECRET BANKING CONSPIRACY!

I had never heard of the book _The Secrets of the Federal Reserve_ or its
author. Ms. Demoss mentioned the book and I THOUGHT the "secrets" referred
to what I consider to be the questionable and unfair rules of money
creation used by the federal reserve.

I don't want to waste time discussing such conspiratorial nonsense. I am
interested in discussing and criticizing the MUNDANE FACTS about how the
banking system operates, in the hopes of devising a better approach to
banking  which is fair for ALL. Please go back and reread my initial post
on "What I mean by a democratic banking system"

Harry





>
>
> ----------------------------------------------
>   Mason Clark     [log in to unmask]
>     http://www.netcom.com/~masonc
>     http://www.geocities/CapitolHill/3210
>   Political Economics; Comets, Weather, Time
>   The Healing Wisdom of Dr. P. P. Quimby
>             -----------------
>     The Boskin CPI attack on Social Security
>   http://www.naz.com/personal/masonc/boskin.html
>     Vickrey's last paper (October 5, 1996)
>     "15 Fatal Fallacies of Financial Fundamentalism":
>   http://www.netcom.com/~masonc/vickrey.html
>             -----------------
>   Valid economic theory is concerned only with
>    the condition of the bottom twenty percent.
>      The rest can take care of themselves.
> ----------------------------------------------
>