Bernanke proposes no new steps to boost economy

The Federal Reserve System's structure is composed of the presidentially appointed Board of Governors (or Federal Reserve Board), the Federal Open Market Committee (FOMC), twelve regional Federal Reserve Banks located in major cities throughout the nation, numerous privately owned U.S. meraber banks and various advisory councils.
 
That really has nothing to do with it being a private bank. They (the government) has that "power" because it's the "central" bank for the US. All in all, it's still a private entity.
 
thats cool bro, obama will run this country into 20 years of stagnant growth and debt accumulation while accomplishing nothing of value for US Citizens. But we'll keep voting him in because he's "better than the other guy"
 
either way, i agree with big ben this time around. The fed has done more than enough (likely more than it should have) to fix liquidity in the financial system. Its up to law makers to fix the mess they;ve created with taxes, healthcare, entitlements, the debt, etc. before companies will feel comfortable taking on employees and expanding.
 
Ya, how is anyone supposed to have confidence in the nation's financial stability when Congress can barely work with the president to fix mundane problems.

It's like the purposefully want America to collapse because there is no way there are this many idiots in politics
 
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