Bernanke says Fed can take on supercop role
So the Fed which some of our politicians seem to not want audited wants to police financial institutions. Are we still stuck on stupid our what?
You deposit your hard earned money in the bank. You decide that you would like a statement and your balance. Your bank decides that you can not get a statement or your balance. You now want to give the bank more of your business by letting them manage your other financial matters. If that makes since sure let them police the financial institutions but, it does not so why is this even a subject.
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