Forum Post: A private banking corporation we call THE FEDERAL RESERVE caused this recession by recklessly raising interest rates 17 times ('03-'06) and pushing MILLIONS of HOMEOWNERS into FORECLOSURE...This was the EPICENTER of financial meltdown
Posted 13 years ago on Oct. 26, 2011, 1:48 a.m. EST by FedWallFedWellFedUP
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A private banking corporation we call THE FEDERAL RESERVE caused this recession by recklessly raising interest rates 17 times ('03-'06) and pushing MILLIONS of HOMEOWNERS into FORECLOSURE...This was the EPICENTER of financial meltdown
The Fed is in fact a private institution, which should be changed. Interest rates and inflation should be controlled by congress. For once them not being able to decide on anything might actually help stabilize inflation.
Jct: Absolutely right. But we don't have to worry about the gyrations in their chips if we start up our own UNILETS time-based chips. So help Dennis Kucinich's Bill HR2990 to End the FED using Treasury Greenbacks like Lincoln? The silence from EndtheFEDers is deafening! Pauper Party of Ontario Occupy Toronto for Argentine Solution where unions were paid in small-denomination provincial bonds used for Hydro,Taxes, Medical, Licenses (HTML) which all others wanted. No layoffs, more jobs, 2001 broke, 2006 out of foreign debt. Kucinich's Greenbacks too!
http://www.ronpaul2012.com/