The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: DebtBomb who wrote (241198)	3/16/2010 10:45:06 PM
From: Stefan	Read Replies (1) of 306849

"The insights provided by our role in supervising a range of banks, including community banks, significantly increases our effectiveness in making monetary policy and fostering financial stability," Bernanke said in his prepared remarks to the House Financial Services Committee. No one is asking a freaking simple question "Why do we need Fed? It was supposed to prevent financial collapses and manias and it failed. Why would you reward bad performance with more responsibilities? This is asinine, let’s go to pre 1907 and you will see that the fluctuation will be smaller than what we have now. How did we as a society allowed them to reap all the benefits for minimal effort?

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