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Re: Curbing The Power Of The New York Fed
the 'funniest' part of all this - somewhat 'all of a sudden' focus - is that had it been the big texas republican-run oil cos that had run the economy into the dirt - not once - but TWICE IN 10 YEARS?http://www.politico.com/story/2015/03/the-coming-crackdown-on-federal-reserve-power-116267.html
A move to shift power away from the New York Federal Reserve Bank is finding some powerful friends in Congress amid lingering worries that a key part of the central bank is too cozy with Wall Street.
Two Republicans running the banking committees have both said they plan to explore proposals from the outspoken, former Dallas Federal Reserve Bank President Richard Fisher that would roll back a long-standing provision that gives the president of the New York Federal Reserve Bank an automatic position as vice chairman of a powerful committee and weaken New York’s oversight of Wall Street banks.
The politics may be ripe for chipping away at the power of the Federal Reserve, uniting liberals who want to crack down on Wall Street, Republicans who don’t like the Fed’s easy money policies and libertarians who are suspicious of the Fed altogether.
THE GD HEADLINES WOULD STILL BE 6" TALL IN EVERY NEWSPAPER, EVERY DAY SINCE 2008
but when its a bunch of lower manhattans 'finest' limo-libs - what do we get out of THE LAMERSTREAM MEDIA?
crickets....
(aside from headlines about 'marriage' in 35states or gun 'control' or how many 10bux/hour jobs got created last month...)
but here's a couple of interesting videos on this topic....
how the bernank, geithner&co - in collusion with BOTH houses of CONgress (with youknowwho in charge)
pulled off the biggest organized crime heist in world history
(and tell/explain to me again how 'bush lied'...)
and another one - both produced in the past couple of weeks....
how 'the crony economy' (based in lwr manhattan) has f__ked The Rest of US:
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Re: Curbing The Power Of The New York Fed
Long, long overdue. But let's see if it even happens.Originally posted by vt View PostComment
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