Thomas Jefferson

[gandalf]

We’ve gotten off-track. Remains to be seen if we’re able to correct course.

[mike92104]

We might be able to if we start to systematically vote just about all the incumbents out of office.

[mike92104]

We might be able to if we start to systematically vote just about all the incumbents out of office.

[mike92104]

We might be able to if we start to systematically vote just about all the incumbents out of office.

[mike92104]

We might be able to if we start to systematically vote just about all the incumbents out of office.

[mike92104]

We might be able to if we start to systematically vote just about all the incumbents out of office.

[patientrenter]

I wouldn’t get too bent out of shape over the governance of the Federal Reserve. Yes, it’s a very important institution. Yes, it can theoretically act against the wishes of Congress and the White House. But I think we all know that the Fed cannot really go up against those entities. On the margins, it can act against the wishes of Congress/WH, but that’s about it.

Just imagine if Bernanke had a conversion experience and adamantly opposed any bailout for irresponsible institutions or people. He would be summoned before Congress within 24 hours. If the public humiliation before Dodd, Frank, Schumer et al failed to produce results, his power to block any bailout would be removed within a week.

Congress is the key. The WH is less important, and the Fed is down the list quite a way, important as it is.

[patientrenter]

I wouldn’t get too bent out of shape over the governance of the Federal Reserve. Yes, it’s a very important institution. Yes, it can theoretically act against the wishes of Congress and the White House. But I think we all know that the Fed cannot really go up against those entities. On the margins, it can act against the wishes of Congress/WH, but that’s about it.

Just imagine if Bernanke had a conversion experience and adamantly opposed any bailout for irresponsible institutions or people. He would be summoned before Congress within 24 hours. If the public humiliation before Dodd, Frank, Schumer et al failed to produce results, his power to block any bailout would be removed within a week.

Congress is the key. The WH is less important, and the Fed is down the list quite a way, important as it is.

[patientrenter]

I wouldn’t get too bent out of shape over the governance of the Federal Reserve. Yes, it’s a very important institution. Yes, it can theoretically act against the wishes of Congress and the White House. But I think we all know that the Fed cannot really go up against those entities. On the margins, it can act against the wishes of Congress/WH, but that’s about it.

Just imagine if Bernanke had a conversion experience and adamantly opposed any bailout for irresponsible institutions or people. He would be summoned before Congress within 24 hours. If the public humiliation before Dodd, Frank, Schumer et al failed to produce results, his power to block any bailout would be removed within a week.

Congress is the key. The WH is less important, and the Fed is down the list quite a way, important as it is.

[patientrenter]

I wouldn’t get too bent out of shape over the governance of the Federal Reserve. Yes, it’s a very important institution. Yes, it can theoretically act against the wishes of Congress and the White House. But I think we all know that the Fed cannot really go up against those entities. On the margins, it can act against the wishes of Congress/WH, but that’s about it.

Just imagine if Bernanke had a conversion experience and adamantly opposed any bailout for irresponsible institutions or people. He would be summoned before Congress within 24 hours. If the public humiliation before Dodd, Frank, Schumer et al failed to produce results, his power to block any bailout would be removed within a week.

Congress is the key. The WH is less important, and the Fed is down the list quite a way, important as it is.

[patientrenter]

I wouldn’t get too bent out of shape over the governance of the Federal Reserve. Yes, it’s a very important institution. Yes, it can theoretically act against the wishes of Congress and the White House. But I think we all know that the Fed cannot really go up against those entities. On the margins, it can act against the wishes of Congress/WH, but that’s about it.

Just imagine if Bernanke had a conversion experience and adamantly opposed any bailout for irresponsible institutions or people. He would be summoned before Congress within 24 hours. If the public humiliation before Dodd, Frank, Schumer et al failed to produce results, his power to block any bailout would be removed within a week.

Congress is the key. The WH is less important, and the Fed is down the list quite a way, important as it is.

[larrylujack]

Talk about an opportunity knocking, this may have been McCain’s last chance to win the election, oppose the bailout and propose a serious alternative and be a real instead of fake Maverick.
too bad it turns out that McVain is just a fake Maverick and blew it so whoever is elected is, as it has been for many years, in Wall Street’s back pocket….

[larrylujack]

Talk about an opportunity knocking, this may have been McCain’s last chance to win the election, oppose the bailout and propose a serious alternative and be a real instead of fake Maverick.
too bad it turns out that McVain is just a fake Maverick and blew it so whoever is elected is, as it has been for many years, in Wall Street’s back pocket….

[larrylujack]

Talk about an opportunity knocking, this may have been McCain’s last chance to win the election, oppose the bailout and propose a serious alternative and be a real instead of fake Maverick.
too bad it turns out that McVain is just a fake Maverick and blew it so whoever is elected is, as it has been for many years, in Wall Street’s back pocket….

[larrylujack]

Talk about an opportunity knocking, this may have been McCain’s last chance to win the election, oppose the bailout and propose a serious alternative and be a real instead of fake Maverick.
too bad it turns out that McVain is just a fake Maverick and blew it so whoever is elected is, as it has been for many years, in Wall Street’s back pocket….

[Author]

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