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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: NOW who wrote (44061)3/26/2002 1:19:26 PM
From: The Freep  Read Replies (1) of 99280
 
"mandate" might not have been the right word. They do have a "job" however, and I'd be willing to bet that legally, they can do a fair amount of things that you might not really want them to. But let's go back to the original point I was making, and let me throw it right back at you on your terms: Tell me where in the Constitution it says that the Fed can't discuss taking emergency measures? That was my point, davidd. Dispute it with proof if you can.

Again, I don't much care if someone likes the Fed or not, nor was I arguing Fed policy, as a quick read of the posts in question would show.

the freep
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