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Originally Posted by vol_freak  I agree. The Federal Reserve is a farse and I'm not willing to give them and/or the Treasury unchecked control. That bill in it's past form as I understood, was going to make them "above the law". They would have have free reign to do as they choose. They could decide to call these mortgages due at any time since they would be above the court system.
I don't disagree with what you are saying. I just disagree with the current plan to accomplish this.
I'm still trying to understand where the billions (or trillions) as it may more likely be, is going to come from?
Again, I think there is a better way to solve this rather than giving more power to the goverment/fed/treasury. |
Which is exactly why it was defeated.