at Yahoo! Answers: Question in regards to the Federal Reserve? The Federal Reserve was established in 1913 and is, therefore, a creature of Congress. The President of the United States nominates members of the Board of Governors of the Federal Reserve, subject to confirmation by the Senate. However, the Federal Reserve is basically free to [...]
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Up thru most of 1972 I built custom homes for $15 per SqFt, decent homes with redwood exteriors, turnkey with appliances and carpeting for a small family cost about $17,500. 30 years later, you know it, that same house cost $120,000 or more. You bought your house from a tract builder, and paid $200,000 with [...] There is only one priority issue in this USA election 2008. The issue is not national health care, nor the war in Iraq, nor global warming, nor immigration, nor drugs, nor abortion, nor ‘change’, nor raving preachers, nor oil prices, nor evil corporations… none of the above yet all of the above contribute to the [...] The debt is bigger than all of us, Congress continues to spend more than it receives, the Fed continues to mess around with the money supply. Why would we wonder why the dollar buys less every day on it’s merry way to worthless. How can the dollar NOT collapse? [...] Economic collapse is a tough issue, perhaps impossible, but keeping our heads in the sand cannot change the scenario. We may be entering the new Dark Age without even a flashlight. [...] The estimated population of the United States is 304,030,136 so each citizen’s share of this debt is $30,784.92. [...] Interview with Peter Schiff on the economy, the Fed, much more. Nothing I need to say here except that… this is a man who really understands money and economies It’s MUST reading! Nothing is “up” with the dollar, it’s all down, and it’s all downhill from here. Why? Foolish manipulation and expansion of the money supply by the Fed — we think those people are smarter than we are, but WRONG! Expansion of the money supply via the stimulus tax rebate and etc; all being piled atop [...] |
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