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We covered it, which is why it surprises me to see you still speak about the Fed as if it was the government.
Quasi government. The president appoints the Fed chair and Congress has to approve. They only approve someone that they know will do their bidding. They also instruct the Fed on what it can do. They can change that at any time.
I have explained why people with assets are doing well, and I have explained why many in middle class are hurting, and why it will continue to be the case for years to come. If you do not agree, then don't, but don't embarrass yourself by trying to get personal with me. It shows immaturity.
You explained nothing. Fact, which you missed, the net worth of we the people has gone down dramatically. Then, after it was explained to you how wrong you were you deflect. The only immature one here is you.
Quasi government. The president appoints the Fed chair and Congress has to approve. They only approve someone that they know will do their bidding. They also instruct the Fed on what it can do. They can change that at any time.
So yes, the government plays a very big role.
Yeah many blurred lines. Govt has been blurred all over for sometime now. It has only gotten worse.
They were created under Congress. Independent means under the control of legislative branch not executive.
They still are under comptrollers thumb and have to give their end of year cut to the treasury.
Yeah many blurred lines. Govt has been blurred all over for sometime now. It has only gotten worse.
They were created under Congress. Independent means under the control of legislative branch not executive.
They still are under comptrollers thumb and have to give their end of year cut to the treasury.
Yes indeed my educated friend cant rep you yet bcs of system, but you are the "Voice of Virtue" on the 1% billionaires and teaching Americans reality. And I sincerely want to thank you for that.
WE American are in a corporate fascist lobbyist country now. Than to Sup. Ct Justice Roberts. Americans better wake up.
Some have made attempts to make things even. Lenin, Mao, Castro and few others to name few, but it didn't turn out too good .
Personally I believe the lower classes in US and elsewhere in the Western world (Europe will be 5 or more years behind US) will improve when the recovery continues. It should be of no surprise that those people who already owned assets see first gains. It is common sense because assets appreciate. This is not a US thing, the rest of the free world is in the same situation. As a matter of fact US is leading the pack in recovery.
Yet Amerikan media doesn't want to admit this
presstv.org
better source of info than the media corporate trash we are supposed to believe today.
US media needs to be regulated or some standards of ETHICS. They are a disgrace. In a court of law Faux newz, msnbc and cnn would be heavily sanctioned, and put out of business
. Anderson Cooper is a CIA lackey
Yes indeed my educated friend cant rep you yet bcs of system, but you are the "Voice of Virtue" on the 1% billionaires and teaching Americans reality. And I sincerely want to thank you for that.
WE American are in a corporate fascist lobbyist country now. Than to Sup. Ct Justice Roberts. Americans better wake up.
The laws concerning what can be gave to politicians hasn't changed for years. (off topic though)
Quasi government. The president appoints the Fed chair and Congress has to approve. They only approve someone that they know will do their bidding. They also instruct the Fed on what it can do. They can change that at any time.
So yes, the government plays a very big role.
The president appoints who the Fd says he should appoint. And it is the Fed who tells the government what to do, not the other way round. They play presidents and congressmen like puppets. Of course there is a relationship between the government and the fed, which was exactly why the founders, and the current owners of the Fed (the bankers) wanted to create it. They wanted the Congress involved because they can authorize taxpayer money to be funneled to the bank owners.
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cant rep you yet bcs of system, but you are the "Voice of Virtue" on the 1% billionaires and teaching Americans reality. And I sincerely want to thank you for that.
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