We have discussed this before. Maybe different browsers display things differently but, when I log in, the page that comes up is the page from which we compose our posts. If I want to see the blogs the way visitors see them, I click on "View Blog" in the upper left hand corner, but I seldom have a reason to do that. The "View Blog" page is the one with the grey font, but the page that comes up when I log in has a regular typewriter type font as a default. When I want to quote something, I copy and paste it and then put quotation marks around it. That doesn't seem to affect the default font, but it often affects the grey font on the "View Blog" page. I went there just now to see what Uncle Ken was talking about, and I noticed that the first sentence in the last paragraph was indeed grey, while the rest of the post was in black. I didn't do that on purpose, and I don't know how it came to be like that.
I didn't mean to imply that the Federal Reserve should have the power to levy taxes, I just meant that if it did, they could use it as a way to take money out of circulation. As it is, they take money out of circulation by selling the treasuries that they bought when they wanted to put new money into circulation. It would seem, then, that taxation has nothing to do with monetary policy. So what are taxes good for? The Fed controls the money supply, so why can't they just supply the government with the money it needs to operate instead of giving it to the banks? There is probably a good reason, I just don't know what it is.
I think that most of the colonies that were founded by European countries were not nation states at the time they were colonized, they had tribal or feudal systems. The Europeans gained a foothold by supporting one faction against another, and eventually marginalizing their allies. That's not the same thing as one nation state conquering another but, from the indigenous point of view, it still sucks.
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