allen,
I was hoping that you might admit that your last post to me was erroniously painting me with opinions that I don’t have since your last site quoted a saying that I did not say. Anyway. you and eavsdropper make good points. I’d like to hear what both of you have to say about the following video.http://www.youtube.com/watch?v=cMnSp4qEXNM&feature=related. Barney frank was also having an affair with the head of either freddie or fannie at the same time they were being pressured to allow low income people (minorities amoung them) access to mortgages that they could not pay back. Investors then jumped on board and help create the mess that we are in today.I have never said that these topics are easy. I haven’t just read griffin. I have yet to hear from you three tho, how the money flows in the federal reserve. I know that it goes in and out, that is obvious. What is not obvious is who controlls what goes in and where does the money go out to? How much interest does the fed keep versus give back to the treasury?