Black People : Neoconmen's dream comes true, Fed Reserve to be bank regulators

Discussion in 'Black People Open Forum' started by Ankhur, Mar 8, 2010.

  1. Ankhur

    Ankhur Well-Known Member MEMBER

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    2 things that maintain a hole in your wallet and pocketbook, that the neocons desired to maintain, without checks or balances , is the extortionists of the sick, the HMOs, and the white supremist wealthy families in Europe, that run the Federal Reserve, and control, the interest rates, the printing of money, and now will continue to regulate the bankslike the Chicken Hawk protecting the hen house from the Fox

    The Federal Reserve has won its battle to maintain singular regulatory oversight of America's major financial institutions, the Financial Times reported Sunday night.

    Senate Banking Committee Chairman Chris Dodd (D-Conn.) gave up the fight for a new super-regulator over the weekend, and will propose financial reforms this week that leave the Fed in control of big banks and the rest of the major Wall Street players, sources told the FT.

    The parties allegedly responsible for the Fed's victory are easy to guess. The FT's sources point the finger at Treasury Secretary Tim Geithner and Fed Chairman Ben Bernanke,


    http://www.huffingtonpost.com/2010/03/07/fed-to-keep-bank-oversigh_n_489477.html
     
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