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Old 05-13-2009, 07:42 AM   #7
GBMelBlount
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Default Re: $9 Trillion goes poof....

Quote:
Originally Posted by BubbyBrister View Post
or it could be because the Federal Reserve is a 'private bank' allowed to run rampant and do whatever the f they want pretty much.
I thought the federal reserve was a government entity with private components.

Wasn't it ostensibly created by the government to supervise & regulate the banking institutions and provide stability?.....

The government also created Fannie & Freddie if I'm not mistaken......
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