permaculture

[John Harvey <johnharvey@earthlink.net>]

Martin, List

>   In a message dated 5/8/2007 7:05:23 P.M. Central Daylight Time,
> martinwnaylor@yahoo.com.au writes:
>
> Enlighten me who are the stockholders

The ownership of the Fed is controlled by Title 12 of the US Code 
enacted by the US Congress. For more details see the wikipedia 
article at: http://en.wikipedia.org/wiki/Federal_Reserve#The_member_banks

Basically, member banks are required to "purchase" shares in the Fed 
based on their deposits and assets. The interest paid on these shares 
is fixed at 6% by law. The creation of the FED was intended to 
prevent bank failures by forcing banks to have a prudent reserve 
(i.e. their share of FED "ownership"). History is replete with 
unexpected results. Personally, even though I don't like most of what 
the CIA does, I like their term for unintended consequences, "blow back."

Anyone who is unhappy with the "blow back" of the Federal Reserve 
System and wants to change the system, needs to expand their circle 
of influence.

Fearless Change: Patterns for Introducing New Ideas, a book written 
by Mary Lynn Manns and Linda Rising, describes a pattern language for 
implementing change. One example in Fearless Change is the founding 
of the Muscular Dystrophy Association, a powerful grassroots movement 
using techniques described in this book.

BTW Mary Lynn Manns teaches at the University of North Carolina at 
Asheville manns@unca.edu. Linda Rising has written two other books 
about using patterns to improve software development.

Respectfully,

John Harvey,
A Peripatetic Peircean

"A good book is the plectrum with which our else silent lyres are struck."
        --Thoreau, A Week on the Concord and Merrimack Rivers (ed. 
Bode 1964, 226-7)
        quoted by Gary Fuhrman (aka gnox) in Beginning Apocalypse 
http://users.xplornet.com/~gnox/bgn.htm