tag:blogger.com,1999:blog-53246864840716464.post502394152385499184..comments2024-02-29T00:46:38.800-08:00Comments on Washingtons Blog: Should We Give the Fed More Power ... Or Less?Unknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-53246864840716464.post-40797681250320693702009-10-28T17:49:46.344-07:002009-10-28T17:49:46.344-07:00Hi. Well, I am not American, but anyway, I am afra...Hi. Well, I am not American, but anyway, I am afraid that the US government has more power than it should have. The more power the Fed has the less power will the American people have. I'd love to be more optimistic, but unfortunately the facts are too bad. The government introduced some reforms such as the first time homebuyer credit but I don't think they actually help, quite the opposite. <br />Take care,<br />JulieReal estate in GTAhttp://juliekinnear.com/guides/faqnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-2659773730779372972009-10-28T17:01:36.324-07:002009-10-28T17:01:36.324-07:00Yes but these are VERY important people. We need t...Yes but these are VERY important people. We need them to function. They have done the best job possible and we can not have a loss of this vital and urgent function. These are but simple folk who only need a little understanding. I personally feel guilty for even using the banks. So I have done my part by bartering with silver for needed items. My dollars are now no longer a strain to this vital functioning of government. Long live the queen!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-63548164436564440652009-10-28T14:11:07.934-07:002009-10-28T14:11:07.934-07:00RE: Given the Fed's history (as discussed belo...RE: Given the Fed's history (as discussed below), that is like appointing the head of the Medellin drug cartel as drug tzar.<br /><br />The other analogy I've heard used is:<br /><br />Giving the Fed more power is like giving more matches to the arsonist that burned down your house. <br /><br />It is even more apropos, because both Obama and Bernanke liken bailing out the TBTF's of fighting the fire in your neighbor's house.John Washburnhttps://www.blogger.com/profile/10806927855140309001noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-48069697001981677302009-10-28T11:50:26.148-07:002009-10-28T11:50:26.148-07:00I really enjoy these compilations of credible opin...I really enjoy these compilations of credible opinions issuing warnings that you've been doing.Anonymoushttps://www.blogger.com/profile/04490179400711329488noreply@blogger.com