[rstrahan]

I don’t like Dodd, but it’s time to strip the Fed of its powers. It’s been hiding and manipulating the market way too long with no significant oversight.

[mylife]

They right the rules dont they?

Ad they right them to their benefit

[raybbr]

I don’t like Dodd, but it’s time to strip the Fed of its powers. It’s been hiding and manipulating the market way too long with no significant oversight.

He wants to transfer control to the govt. It doesn't specify to whom the agency would answer but my guess would be the Senate giving the Senate complete control of the money. At least with the Fed we have SOME independence from the thieves in the Senate.