Bush Adminsitration proposes new powers for the Fed
Posted: Sat Mar 29, 2008 11:32 am
http://www.msnbc.msn.com/id/23853415/
I do not like this...I do not like this AT ALL.
Then again, I was never a big fan of the Federal Reserve to begin with.
This is too much power for them to have...and more government ceding its Constitutional responsibilities to a private organization.
And it seems Dems are in favor of many of the proposals too...so I think this goes forward whether a Dem or Rep wins the presidency and/or the Congres becomes one party or the other as well.
No...NOT good.
I do not like this...I do not like this AT ALL.
Then again, I was never a big fan of the Federal Reserve to begin with.
This is too much power for them to have...and more government ceding its Constitutional responsibilities to a private organization.
And it seems Dems are in favor of many of the proposals too...so I think this goes forward whether a Dem or Rep wins the presidency and/or the Congres becomes one party or the other as well.
No...NOT good.