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Wash Post Attack On Hr 1207 And Fed Transparency

Sanders
post Jul 25 2009, 01:50 PM
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http://www.washingtonpost.com/wp-dyn/conte...9072303004.html

Gone are the days when the Wash Post challenged the status quo.

QUOTE
If the Fed is to stay free, it should, to the greatest extent possible, stay focused on its core mission of managing the nation's money supply.


Free!!???


Sorry folks, I posted this here out of mere frustration at not being able to post a comment at the WP site. Free??? It's a collection of banks owned by private people. Playing with the economy.

As for managing the money supply, get ready for hyperinflation - the money supply has been tripled - if Bernanke can't figure a way to suck up all that credit back into non-existence in the near future (which he can't), we are in for a rough ride.
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tnemelckram
post Jul 25 2009, 02:55 PM
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Hi Sanders!

I don't think the whole lot of them a have any idea of the bruisin' they are cruisin' for if they keep it up.

[EDITED by Sanders]

................................

Forgive me, tnemelckram. I thought it best to keep part of that un-expressed here on this forum. (Certain guidelines here you know.)

This post has been edited by Sanders: Jul 25 2009, 08:33 PM
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