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To: screaminsunshine

It’s not like he hides that he held a position 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 and the Paulist have been screaming about it to any and all that would listen, but it’s not what so many 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.


85 posted on 05/21/2011 7:41:56 AM PDT by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
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To: Kartographer

He sounds good. Maybe he is real. I just am so suspicious of all of them nowadays. I was wondering about it.


91 posted on 05/21/2011 7:50:19 AM PDT by screaminsunshine (Shut up and eat your Beans!)
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