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?

McFid


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