Is the Fed Pursuing Our Interest or Banks’ Interests?


Is the Fed Pursuing Our Interest or Banks’ Interests? – By Kevin D. Williamson – Exchequer – National Review Online.

“Congress should make it clear — today — that the Fed’s mandate does not extend to bailing out Europe’s banks and Europe’s governments. This is especially true after the secrecy and unaccountability with which it conducted the $7.7 trillion shadow bailout on top of TARP.”

How long can Bernanke keep this up and should he?

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