I remind you all that dr. Ron Paul said all this, and more, before it all happened. Not now, when any senator that speaks the populace' mouth will advance his relection chances. The sheeple that elected Bush jr. and Cheney will of course fall for this as well. Also I would like to remind you that the few senators, congressmen and presidents that intended to down-regulate or abolish the FED didn't die of natural causes. Beware for your next revolution, my dear yankee friends.
why do they want to give more authority to the FED?? aren't they just supposed to print money and set the interest rate on it?? now they are a consideration to be regulator and actor of our entire financial/market/capital system (granted with no veto authority)?? re-charter the FED??
Right, that's the answer. You definitely want weak companies trading at 100x multiples making their boards rich and leaving you holding a bag of shit.
You're dealing with bush supporting imbeciles. The same guys who wil tell you since bush is a Harvard MBA, he knows what he's doing. These are the same fools who think McCain has a PhD in economics. The same fools who rail against giving a helping hand to someone out on their luck, yet can not grasp the fact that on bush's watch, more profits have been privatized for the wealthy elite while the debt of the wealthy elite has been nationalized. You can not discuss rationality with these fools.