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2009-05-17 — forbes.com
The necessary first step to restoring economic stability in this country is to audit the Fed, to find out the multitude of sectors in which it has involved itself and, once the audit has been completed, to analyze the results and determine how the Fed should be reined in. Proposals to push the Fed back into the shadows, or to give it an even greater role as a guarantor of systemic stability, are as misguided as they are harmful.
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tvsterling at 21:02 2009-05-18 said:
Might be more useful to neuter the Fed & make it the property of the Treasury. Preserve the outward appearance like the Russians did with their government when they ended real democracy. People like to see the shell still standing even after the substance is gone. Rich boy's club has been exposed to the light. Things will never be the same. Nipping it's testicles is probably the best solution. Permalinkadd a comment | go to forum thread
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