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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: limtex who wrote (40244)8/15/2001 11:23:43 AM
From: Jim Willie CB  Read Replies (2) of 65232
 
Presidents have "handsoff" policy toward Fed historically
they are powerless most of the time to influence Fed Chairmen
by law the Federal Reserve is set up to be fully independent
their mistakes are misunderstood, overlooked, left alone
history is the only true arbiter

what I find most absurd is that the legal setups were originally to protect the Fed and its Chairmen from political interference
nowhere do citizens have provisions to protect from incompetence at the Federal Reserve !!!

and their incompetence is replete over the decades
their mere existence goes counter to the sheer power and beauty and effectiveness of the free market system

what do you suggest?
a nationally televised tongue lashing?
I personally suggest a formal impeachment of GreenSlime

GreenGeriatric is inept, loaded with heretical principles, arrogant, and having way too much fun playing with his "World Economy Erector Set"

/ jim
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