Federal Reserve New Role – Sugar Daddy

Andrew Horowitz over at moneycentral.mns.com  writes an interesting article on the new role of the Federal Government.  

Calling them a sugar daddy, he isn’t to keen on the Fed’s bailing out large failing corporations at the expense of taxpayers because of bad financial decisions and risking investments. For a money manager I am surprised Mr Horowitz lumps the Federal Reserve as the US government when the former is a distinct separate entity from the US government controlling the monetary system. No wonder taxpayers monies are used to bail out these companies. Americans are tax heavily enough! There’s enough dough coming in!

FULL STORY

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2 Responses to Federal Reserve New Role – Sugar Daddy

  1. Pingback: Party’s Over As Financial Terrorism Takes Over Wall Street « Bajan Global Report

  2. Pingback: Another US Bank Collapses - Biggest In US History « Bajan Global Report

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