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The Federal Reserve System And Black Swans

August 5, 2009
Marilyn M. Barnewall

Federal ReservePutting the illegal Federal Reserve System in charge of bank regulation is like hiring John Dillinger to drive a Wells Fargo truck filled with money away from the bank. Actually, the Dillinger alternative probably holds a higher ratio of potential success for American taxpayers.

First, why is the Federal Reserve System (it is not a bank) illegal?

A real central bank is just that: a central bank owned and operated by the government. It is not a private corporation.

The story continues …..

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