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To: Giordano Bruno who wrote (390134)7/9/2009 2:39:03 PM
From: Real Man1 Recommendation  Read Replies (1) | Respond to of 436258
 
Yes, and until the congress and the administration start working
together on modifying the Federal Reserve Act (the Pres. is a
lawyer <G>), all attempts of a sustainable recovery will fail,
eventually resulting in a total destruction of the country,
more likely through hyperinflation than a deflation, as the
unproductive financial sector flush with cash bids everything up.

Giving the Fed more powers was not smart.