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It’s amazing what people will go through to avoid paying the piper. People’s sense of entitlement is going to make the downturn ever harder on them.

A little disciplined scaling back on expenditures and less of the the lavish lifestyle the Housing ATM buried people with, and these people might be okay.

That of course assumes they keep a job.

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Mission
The Federal Reserve System is the central bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded.

Today, the Federal Reserve’s duties fall into four general areas:

– conducting the nation’s monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices, and moderate long-term interest rates
– supervising and regulating banking institutions to ensure the safety and soundness of the nation’s banking and financial system and to protect the credit rights of consumers
– maintaining the stability of the financial system and containing systemic risk that may arise in financial markets
– providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation’s payments system

Anyone familiar with the claim the the FED is actually owned by European banking dynasties? Their complete and utter failure to fulfill any of those 4 roles except maybe the last one may lend some credibility to that claim.

[cr]

Mission
The Federal Reserve System is the central bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded.

Today, the Federal Reserve’s duties fall into four general areas:

– conducting the nation’s monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices, and moderate long-term interest rates
– supervising and regulating banking institutions to ensure the safety and soundness of the nation’s banking and financial system and to protect the credit rights of consumers
– maintaining the stability of the financial system and containing systemic risk that may arise in financial markets
– providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation’s payments system

Anyone familiar with the claim the the FED is actually owned by European banking dynasties? Their complete and utter failure to fulfill any of those 4 roles except maybe the last one may lend some credibility to that claim.

[cr]

Mission
The Federal Reserve System is the central bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded.

Today, the Federal Reserve’s duties fall into four general areas:

– conducting the nation’s monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices, and moderate long-term interest rates
– supervising and regulating banking institutions to ensure the safety and soundness of the nation’s banking and financial system and to protect the credit rights of consumers
– maintaining the stability of the financial system and containing systemic risk that may arise in financial markets
– providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation’s payments system

Anyone familiar with the claim the the FED is actually owned by European banking dynasties? Their complete and utter failure to fulfill any of those 4 roles except maybe the last one may lend some credibility to that claim.

[cr]

Mission
The Federal Reserve System is the central bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded.

Today, the Federal Reserve’s duties fall into four general areas:

– conducting the nation’s monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices, and moderate long-term interest rates
– supervising and regulating banking institutions to ensure the safety and soundness of the nation’s banking and financial system and to protect the credit rights of consumers
– maintaining the stability of the financial system and containing systemic risk that may arise in financial markets
– providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation’s payments system

Anyone familiar with the claim the the FED is actually owned by European banking dynasties? Their complete and utter failure to fulfill any of those 4 roles except maybe the last one may lend some credibility to that claim.

[cr]

Mission
The Federal Reserve System is the central bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded.

Today, the Federal Reserve’s duties fall into four general areas:

– conducting the nation’s monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices, and moderate long-term interest rates
– supervising and regulating banking institutions to ensure the safety and soundness of the nation’s banking and financial system and to protect the credit rights of consumers
– maintaining the stability of the financial system and containing systemic risk that may arise in financial markets
– providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation’s payments system

Anyone familiar with the claim the the FED is actually owned by European banking dynasties? Their complete and utter failure to fulfill any of those 4 roles except maybe the last one may lend some credibility to that claim.

[cr]

I don’t need this book. I got a form in the mail the other day and all I have to do is fill it out, mail it back and they’ll send me a card that lets me buy whatever I want up to $50,000!

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I don’t need this book. I got a form in the mail the other day and all I have to do is fill it out, mail it back and they’ll send me a card that lets me buy whatever I want up to $50,000!

[cr]

I don’t need this book. I got a form in the mail the other day and all I have to do is fill it out, mail it back and they’ll send me a card that lets me buy whatever I want up to $50,000!

[cr]

I don’t need this book. I got a form in the mail the other day and all I have to do is fill it out, mail it back and they’ll send me a card that lets me buy whatever I want up to $50,000!

[cr]

I don’t need this book. I got a form in the mail the other day and all I have to do is fill it out, mail it back and they’ll send me a card that lets me buy whatever I want up to $50,000!

[cr]

I typically find better rates (on guaranteed returns) at Credit Unions. They usually have at least slightly better rates and usually less fees if any at all. Check for promotional CD’s with them too.

You have to be able to qualify for membership obviously, but some require only that you live in the same city.

Some people here may tell you index funds, but that all depends on what you expect the market to do.

[cr]

I typically find better rates (on guaranteed returns) at Credit Unions. They usually have at least slightly better rates and usually less fees if any at all. Check for promotional CD’s with them too.

You have to be able to qualify for membership obviously, but some require only that you live in the same city.

Some people here may tell you index funds, but that all depends on what you expect the market to do.

[cr]

I typically find better rates (on guaranteed returns) at Credit Unions. They usually have at least slightly better rates and usually less fees if any at all. Check for promotional CD’s with them too.

You have to be able to qualify for membership obviously, but some require only that you live in the same city.

Some people here may tell you index funds, but that all depends on what you expect the market to do.

[cr]

I typically find better rates (on guaranteed returns) at Credit Unions. They usually have at least slightly better rates and usually less fees if any at all. Check for promotional CD’s with them too.

You have to be able to qualify for membership obviously, but some require only that you live in the same city.

Some people here may tell you index funds, but that all depends on what you expect the market to do.

[Author]

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