Monday, November 8, 2010
Who will regulate the Regulator of last resort?
The FDIC's Sheila Bair stated the undeniable today ~"markets need to clear".
Let me repeat "markets need to clear".
What part of markets need to clear are accomplished with the Fed's QE2 + reinvestment of income from QE1 whose total may add up to $900 B?
When will the elected assert authority and REVOKE the Fed's unilateral theft of power of:
Every branch of government - Congress, Executive and Judicial
At every level - State, County and City
And every current plus future generations of US taxpayers.
When? What more action do you need to see? Largely for the benefit of certain banks in a Federal Reserve district east of the Hudson.
And we continue to watch and PAY FOR THIS?
How long that gonna last?