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Business

Amend the Fed: We Need a Central Bank That Serves Main Street
Business  (tags: The Federal Reserve, The Federal Reserve Act, 100th birthday of Fed, dissatisfaction, Main Street, Fed mandates, Bernanke, QE, unemployment, inflation, debt crisis continues, elites get richer )

Judy
- 255 days ago - ellenbrown.com
The Federal Reserve Act was drafted by bankers to create a banker's bank that would serve their interests. It is their own private club, and its legal structure keeps all non-members out. However, Congress has the power to amend the Fed.
THE FED AND CONGRESS HAVE SPOKEN: NO BAILOUT FOR MAIN STREET
Business  (tags: abuse, americans, economy, government, corporate corruption, Federal Reserve, finance, state govt., public sector employees, Main Street, state budget crises )

Norm
- 1313 days ago - readersupportednews.org
The Federal Reserve was set up by bankers for bankers, and it has served them well. Out of the blue, it came up with $12.3 trillion in nearly interest-free credit to bail the banks out of a credit crunch they created. That same credit crisis has plunged s
Top Fed Official Says Megabanks Need To Shrink Or Crises Will Keep Occurring
Business  (tags: Community Banks, Derivatives, Federal Reserve, Federal Reserve Bank Of Kansas City, Financial Crisis, Financial Reform, Kansas City Fed, Main Street, Megabanks, Regulatory Reform, Tbtf, Thomas Hoenig, Too Big To Fail, Volcker Rule, Wall Street )

Judy
- 1611 days ago - huffingtonpost.com
The U.S. financial system is tilted in favor of the biggest banks, compromising the "very foundation of the economic system" and putting the nation at risk of continued crises, a top Federal Reserve official said Wednesday.
   

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