This GLOWING SYNOPSIS of the Fed's history is a STARK EXAMPLE of WHO REALLY RUNS THIS NATION, folks!!!
"Senate legislation could weaken Federal Reserve; Dodd proposal gaining support" by Anne Flaherty, Associated Press | September 22, 2009
WASHINGTON - Since its creation almost a century ago, the US central bank has grown into a major power broker and guardian of the financial system.
Oh, is that the technical term for looter now? Guardian?
It plays various roles on the government’s behalf in protecting the economy, including the supervision of banks to ensure the “safety and soundness’’ of the financial system and enforcement of rules to protect consumers.
Oh, is that what they have been doing the last hundred years? Really?
Then WHY ARE WE IN SUCH A MESS?!!!!!!!!!!!!!!!!
But the Fed’s primary mission is considered its role as the nation’s central bank....
Watch: America’s Real Enemy
The idea of an emboldened new Federal Reserve isn’t sitting well on Capitol Hill, where lawmakers have little power over the central bank. While the Fed frequently reports to Congress, it maintains an independent status aimed at keeping politics out of the nation’s monetary policy.
The House Financial Services Committee this week will hold a hearing on legislation by Representative Ron Paul, Republican of Texas, that would subject the Fed to increased audits by congressional watchdogs.
Also see: Barney Two-Face
The CONGRESS should be REGULATING the CURRENCY as the CONSTITUTION demands and the LOOTING FED should be SCRAPPED, folks!
Related: Poll: Americans Angry at Feds
Isn't that interesting?