I am a retired federal law enforcement officer (special agent), a former prosecutor and a freelance writer and editor.

My expertise is in law, science, history and political science, by virtue of education and experience.

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Politics, News & Issues > Political & Economic Theory Should the United States abandon the Federal Reserve?

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If we abandon the Federal Reserve System, something that is about likely as George W. Bush being elected to a third term as president, with what would we replace it? Gold bars? A committee of politicized congressional misfits to run our banking systems - people who would be raising and lowering interest rates at the behest of the lobbyists who own them? Let the president and treasury secretary do it? Would you want a George W. Bush to manage the nuances of the economy, seeing how well he has done with the wars in Afghanistan and Iraq?

Every major economy in the civilized world has a...

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