Forum Post: Why OWS needs to focus on the Federal Reserve!
Posted 12 years ago on Oct. 20, 2011, 12:36 p.m. EST by Cristofers
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Who precipitated the banking crisis and now bails out the banks with printed money? The Federal Reserve! Who said that there wasn't a housing bubble and that there'd be no recession? The Federal Reserve! Who is the largest bank in the US? Our central bank, the Federal Reserve! Who is responsible for regulating and supervising the US banking system? The Federal Reserve! Who establishes monetary policy, reserve requirements for banks, and provides cheap loans to banks for which its members hold stock? The Federal Reserve! Which bank is the least transparent, most secretive in the US. The Federal Reserve! Read this for more: http://www.financialsense.com/contributors/cris-sheridan/2011/10/19/latest-fed-audit-reveals-numerous-conflicts-of-interest
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