[DannyTN]

"Let’s nationalize the NY FED and make it a Bureau of the US Treasury."

Why on earth would you want to do that? You don't want any part of the FED under direct control of Obama.

[jd777]

Because the Federal reserve is a private corporation. You can read the Bill online on the fed site. It says "member banks" aka Citi JPm and Bac purchase share of their regional fed bank. The Us government does not own a single share.

The Constitution requires that the congress will regulate the value of the currency - That is Article 1 section 8. Please read it before you fire off

and then we have to get rid of OBAMA, I know you'll agree with that one.

Have a nice day.