Federal Reserve No More "Federal" Than Federal Express!
http://www.youtube.com/watch?v=1pVV4n2lKHk
Alexander Hamilton is revered in this country for having started the concept of banking in 1791, but if you read history, esp Burr by Gore Vidal, you discover an unflattering, living, breathing account of Hamilton as a man who was very skilled at looking out first and foremost for his own best interests.
The recent bail out package assigned to banks which resulted in absolutely no correction as far as our frozen credit markets are concerned should make obvious that two hundred and some odd years later, very little has changed.
Our sad current banking system clearly illustrates that Hamiliton's sense of entitlement and self-interest still reigns in the hallowed vaults of every bank and small print tucked inside every corporate bank lending policy.
1 comment:
Interesting post. Keep write the same.
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