swordfish
03-29-2008, 11:55 AM
http://biz.yahoo.com/ap/080329/fed_overhaul.html?.v=8
"The Fed would be given broad authority to oversee financial market stability. That would include new powers to examine the books of any institution deemed to represent a potential threat to the proper functioning of the overall financial system."
I can stomach the war and some of the other stupid shit. This takes the cake. Bush is going to allow the Federal Reserve to have full control over the whole financial industry. So now the Reserve will be able to legally look over your records and spy on your companies. Then when your books are low they can come in and buy you out of your real property with printed paper. All in the name of "saving America". Look here Mr. Bush, Mr. Paulson, and especially you Mr. Ben Bernake stay the fuck out of our business. We don't want the government running our lives, companies, world. The next step will be socialization of said businesses. You know that banks can't work without the government, so we might as well take them over. It will be a slow bleed tho. With Federal Reserve discount windows aka takeovers.
I'm disgusted with the Republicans of today.
This is George W. Bush pissing on the free market.
Good day.
"The Fed would be given broad authority to oversee financial market stability. That would include new powers to examine the books of any institution deemed to represent a potential threat to the proper functioning of the overall financial system."
I can stomach the war and some of the other stupid shit. This takes the cake. Bush is going to allow the Federal Reserve to have full control over the whole financial industry. So now the Reserve will be able to legally look over your records and spy on your companies. Then when your books are low they can come in and buy you out of your real property with printed paper. All in the name of "saving America". Look here Mr. Bush, Mr. Paulson, and especially you Mr. Ben Bernake stay the fuck out of our business. We don't want the government running our lives, companies, world. The next step will be socialization of said businesses. You know that banks can't work without the government, so we might as well take them over. It will be a slow bleed tho. With Federal Reserve discount windows aka takeovers.
I'm disgusted with the Republicans of today.
This is George W. Bush pissing on the free market.
Good day.