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Posted by RayLopez99 on May 29, 2009, 12:32 pm
> Author's Bio: I am a veteran of World War II. I served with the First
> Marine Division on Guadalcanal. My working life was in the supermarket
> field in the executive area. My purpose in life now is to get our
> privately owned, debt-based monetary system replaced. I am a member of
> the American Monetary Institute and also an advisor to the AMI. The
> need for monetary reform and also legislation to get monetary reform
> can be seen atwww.monetary.org>end
>
Well this plan is very nice but the real issue is debt created by
"Shadow Banking" which means outside the Fed. The issue is this: do
we regulate this shadow banking (as people want to do now) or leave it
alone? I say leave it be. Greed is always with us.
RL
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