This Louis T. McFadden – raging anti-Semite and 1930s conspiracy theorist.

And he quote-mines Milton Friedman, misrepresenting Friedman’s opinions about the causes of the Great Depression (roughly, as I understand it, that – out of incompetence rather than malice – the Fed reacted incorrectly to the Wall Street Crash and subsequent bank runs by contracting the money supply instead of expanding it).

And ole Jimbo seems to be ignorant of the fact that the US President appoints the Board of the Federal Reserve. So Jim is entirely wrong in saying it is “not at all” under the control of the US Government (the Fed is neither fully public nor fully private). Then again, the US Government are Masonic Illuminati space lizards anyway, so I guess my point is moot.

And as for Ambrose Evans-Pritchard – he thinks that the Clintons offed Vince Foster and that the FBI and other Federal agencies was complicit in the Oklahoma City bombing, so it’s hardly surprising he’s seeing one world governments under every shrub and subclause.

I wonder if Matt Cooper will have anyone on to rebutt Jim’s conspiracy theory Gish gallop, or will he condemn us all to another year of infuriating arguments about the Coming NWO with Dublin taxi drivers?