DISQUS

Ari · 1 year ago

I wish the articles on this site had a little more depth. I. E., who are these 32 senators?

eoin llewellyn · 1 year ago

Finally! Anyone with any business sense would see this as an action taken for granted.It is inexplicable to my mind as a european looking at this that congress elected by the people for the people would accept anything less.
The power the federal reserve holds over the direction of the american economy is all encompassing and yet the majority of Americans believe the Fderal reserve is an American institution run for the people.It is not!.It is aprivate bank that has never been audited or subjected to any form of questioning!
This is the same group that set the interest rates at 1% that created the subprime bubble.
This is not to be seen as a win for congress.It needs to realize that it has the choice and power in these matters to affect whatever outcome it wishes ;The president cannot decide this by order(or can he -if so that is extremely worrying?)