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To: Moonman62

Because the people who set up the Fed made sure that it was unelected - and unaccountable.

Now, we might as well complain about the wind as complain about the Fed.


10 posted on 12/08/2007 5:15:05 AM PST by NVDave
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To: NVDave

Congress and the president can hold them accountable. Congress has the power to require testimony. It can also change any laws regarding the Fed. And the president has the power of appointment. It would also help if the press didn’t grant infallibility to central bankers.


12 posted on 12/08/2007 5:19:29 AM PST by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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