Comments on: Fed Official Describes Drastic Action Taken to Ease Recession

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By dropundiesandbendover4dafed on 11-12-08

Is there anyone out there that doesn’t realize the oligarchy controlling the Federal Reserve and therefore the USA, has for whatever reason, decided to drastically lower our standard of living? 
http://www.globalresearch.ca/index.php?context=va&aid=10860
So very sad to see a beautiful country destroyed.  Obonga’s utter disdain for America will be put to good use and Ron Paul’s warnings eventually hailed by all those that poo pooed him so unjustly.

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By mt don on 11-13-08

What people need to know is that the Federal Reserve is a private corporation.  It is not a federal department.  The Federal Reserve can do whatever it wants at taxpayer expense - and will!  Crony capitalism is not free enterprise. Imagine a football game w/out any rules.  Or just read “Lord of the Flies” to see what happens when the corporations want to live in a world where no rules apply to them but do to the rest of us.

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