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To: GraceZ who wrote (176792)	1/13/2009 11:58:56 AM
From: Bank Holding Company	Read Replies (1) \| Respond to of 306849

> Clearly the Fed made huge mistakes but they did it at the bequest of the elected officials << The fed did the only thing they know how to do. Congress was just too stupid to figure it out.

To: GraceZ who wrote (176792)	1/13/2009 12:12:18 PM
From: Smiling Bob	Read Replies (1) \| Respond to of 306849

Sounds like the same argument used in marketing SUVs And you call also say that about Hitler and the Nazis Just because you have the power to influence doesn't mean you abuse it for your own benefit when the consequences are so dire for all but those at the top. It's called greed by the greedy, not complicity by the masses -- The elected officials were simply answering the demands of the people to protect them from economic pain at any cost. They were deluged with bailout protests Congress doesn't answer to the electorate anymore.