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Bernanke presses the panic button
As economic chaos spreads across the world, the Fed reveals its true agenda: Protecting the irresponsible traders who created this mess.
Andrew Leonard [2008-01-22]

  • the labrythine Fed

    Every once in a while, I try to figure out how our banking/currency system works, and I typically end up as confused as when I started. The comments in this thread indicate that others are just as confused as I am (even if they don't admit it).

    But I have to wonder how anyone considers Charles Lindberg (an airplane pilot living in 1915) to be an expert on the nature of the bank as it exists today.

    -- Adam Ricketson
    [Read Adam Ricketson's other letters]
    Tuesday, January 22, 2008 09:27 AM
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