On June 4, 1963, a little known attempt was made to strip the Federal Reserve Bank of its power to loan money to the government at interest.
The Supreme Court let stand a ruling that the U.S. Federal Reserve must disclose details about its emergency lending programs to banks during the financial crisis in 2008.
Governments, like most egos, believe they are important. But like egos, they separate from the people they serve. Governments, in their heightened sense of separation and alliance with big business become vicious, even against their own people, and it really does not matter the form of government, with democracy being one of the worst offenders. Even the States in America are beginning to fight back against Federal control in their struggle to maintain state rights.
Financial crooks brought down the world's economy — but the feds are doing more to protect them than to prosecute them
For the past three decades, the Federal Reserve has been given a dual mandate: keeping prices stable and maximizing employment. This policy relies not only on the fatal conceit of believing in the wisdom of supposed experts, but also on numerical chicanery.
The greatest scam in history has been exposed -- and has largely been ignored by the media. In fact, it’s still going on.
Since the announcement last week that I will chair the congressional subcommittee that oversees the Federal Reserve, the media response has been overwhelming.
What if the greatest scam ever perpetrated was blatantly exposed, and the US media didn’t cover it? Does that mean the scam could keep going? That’s what we are about to find out.
As Americans continue to lose their homes in record numbers, the Federal Reserve is considering making it much harder for homeowners to stop foreclosures and escape predatory home loans with onerous terms.
Has the Federal Reserve become the Central Bank of the World? That is what some members of Congress are asking after the Federal Reserve revealed the details of 21,000 transactions stretching from December 2007 to July 2010 that totaled more than $3 trillion on Wednesday.