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Politics : Ask Michael Burke
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To: BGR who wrote (71611)12/9/1999 9:29:00 AM
From: Mike M2  Read Replies (1) of 132070
 
BGR, don't get too hung up on the Feds charter. They do what they want for the benefit of Wall St and politicians at the expense of the public. Is it in the Feds charter to arrange the bail out of a hedge fund ? some would argue that the Federal Reserve Act itself is unconstitutional but I am not interested in that debate at the moment. I'd like to focus on the current reality of the bubble. mike
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