Federal Reserve System….
Posted by Pete | Posted in News | Posted on 12-02-2011
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Can an un-educated person like myself read and understand how something like the Federal Reserve System operates, the how’s and whys of the nations money and probably world money, if the truth be known? No, of course not… The only thing I can understand about it is the Federal Reserve is subject to “limited” General Accounting Office audits…It says, “The Federal Reserve System undergoes limited audits by the GAO and do not cover most of the Feds monetary policy action or decisions, including discount window lending, open market operations and any other transactions made under the direction of the Federal Open Market Committee, nor may the GAO audit dealings with foreign governments and other central banks….Now, I really ain’t to smart cause writing this little piece is really a waste of my time considering the good it will do, but…..everybody needs a watcher…why are these folks different?…. Maybe because they are “bankers” or “money people” who are above the law and above repoach? ….Well, I repeat, everybody needs a watcher and probably these “money” people most of all…..Who set this system up anyway?…..Bankers?….For sure…


