Thursday, October 30, 2008

Steve Forbes calls for massive downsizing of Federal Reserve

excerpt: "The Fed is politically unaccountable. Yes, its chairman makes periodic appearances before Congress, but the Fed is not dependent on congressional appropriations. It literally prints its own budget. It pays for its operations out of the interest it receives on all the securities it holds and then remits the rest to Uncle Sam."

read more | digg story

No comments:

1-7-2026

President White House Launches New Website to Defend 'Patriotic Americans' Involved in Jan. 6 Capitol Riot | The White House claims ...