Rande Is . . . HOME Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Rande Is . . . HOME

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rande Is who wrote (49229)	3/16/2001 8:39:23 AM
From: Ilaine	Read Replies (1) of 57584

OK, Rande, how about the fact that employees of the Board of Governors receive health insurance benefits under the Federal Employees Health Benefit Plan. federalreserve.gov I don't have a lot of time to devote to this today, so I am not going to look for any more clues for you. I showed you the laws, and either you know how to read the US code or you don't. When I have time I'll find you something easier to read. There is no doubt that there is an overlap between the private sector and the public sector that is, as far as I know, unique in the government. There is no doubt that private interests are not necessarily public interests. But there is also no doubt that the Federal Reserve System is a creature of Congress. Congress does not create and regulate private enterprises, not in the sense of direct oversight. Congress does pass laws that regulate private enterprises, but the President doesn't appoint their directors nor does Congress approve them. If you can point out any private enterprise whose directors are appointed by the US President - let me know.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next