To: EvasiveManuever
Cain, a former chairman of the U.S. Federal Reserve Bank who won't talk about key issues other than economics, and won't mention that the Fed caused our current problems, is the preferred choice of Republican insiders seeking to stop the Tea Party and Sarah Palin, by co-opting the brand with a fake "outsider"."
There is no one U.S. Federal Reserve Bank. Herman was on the Board of Directors of the Federal Reserve Bank of Kansas City, and that he was subsequently elected their chairman, anyone that reads his bio can learn it, but its not what you make it out to be.
The Federal Reserve Banks do not set monetary policy. The Federal Reserve Banks do provide financial services to depository institutions including banks, credit unions, and savings and loans, much like those that banks provide for their customers. These services include collecting checks, electronically transferring funds, and distributing and receiving cash and coin.
He was in the Navy too maybe we should blame Pearl Harbor on him.
119 posted on
05/21/2011 8:37:47 AM PDT by
Kartographer
(".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
To: Kartographer; EvasiveManuever
The poster in question is probably a Paul supporter. They all share the same bone headed ignorance. Including Ron Paul.
121 posted on
05/21/2011 8:44:29 AM PDT by
PSYCHO-FREEP
(Always Remember You're Unique.......(Just Like everyone Else.))
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