Thread: The 1%
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  #14  
Old 12-15-2011, 01:47 PM
Air&Road Air&Road is offline
Posting since Jan 2000
 
Join Date: Sep 2011
Posts: 7,328
Quote:
Originally Posted by mgburg View Post
Sorry Jolly, as right as you think you are, it started a bit sooner than that.

Try December 23, 1913, with the passage of the Federal Reserve Act.

Oh, BTW, the FRA was passed by a Democratically-controlled Congress and a Democratic President, along with a lot of other crap.

There's your fly in the ointment.

Happy salving!

Yep, the first wave of the Progressives. Woodrow Wilson was another academic, no executive experience POTUS, pretty much the same as B.O.
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