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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: patron_anejo_por_favor who wrote (48808)3/28/2006 2:59:16 PM
From: shades  Read Replies (1) of 116555
 
Man talk about no CHILD left BEHIND - patron help me out daddy - I dont understand some of this hard banking stuff on that site.

It is made up of seven members who are appointed by the President and confirmed by the Senate. The full term of a Board member is 14 years,

That seems like an AWFULLY lot of concentrated power represented by so FEW people. Did the founding fathers like lots of long term concentrated power represented by so few people? yes or no daddy?

terms for these positions are four years, but the Chairman and Vice Chairman may be reappointed for additional four-year terms, as long as their term as Board member is active.

What was the whole reason for NOT allowing the US president to have more than 2 4 year terms daddy? Why does this same logic NOT APPLY to a fed reserve Chairman - Ravi Batra doesn't like this idea I bet daddy.

9. What is inflation?
Inflation means that the general level of prices of goods and services is increasing.

Daddy little sally down the road gives mr. mish's kid free sucky sucky but makes me pay 2 quarters and a lollipop - why doesn't mr. federal reserve man track this cost? Mommy says she makes you pay a lot for this service - the oldest in the world she says - she said you had to buy her a new corian countertop and lincoln navigator for your sucky sucky daddy. Daddy little sally charges a lot less than mommy - you are really dumb daddy - WHACK!
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