wulfin wrote:Tiger Paws, who told you the Federal Reserve is unregulated and has no over site? They lied. It does have over site and is regulated.. by CONGRESS, even though they tell you it's not. Now why would they want people to think they are not the ones passing the laws and doing the over site? Now that is one for you to investigate and bring information to people on.
Oversite by Congress? Are you kidding? When Mr. Brenake (Fed Chairman) was akse a specific question on live TV by Senator Sandors as to who the Fed gave "our" tax money to he said no he would not answer the quetion. End of story Congress had and has no authority to force him or the Fed to answer.
Oversite? What oversite the Fed has sole oversite of itself. While the Fed has to report to Congress they are not "required" to tell Congress or the American people anything about what they do, how they do it or with whom they are dealing with.
Link To Video: http://www.youtube.com/watch?v=kyl8c91qPbw
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