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Posts tagged as “contemptuous”

The Federal Reserve is contemptuous of non-elites and about to make the financial system much, much worse

The Federal Reserve is contemptuous of non-elites and about to make the financial system much, much worse Imagine if the congress approved a measure to form a public-private partnership between the US Treasury and the Federal Reserve. Can you imagine that? Now imagine if a panicky and ill-informed Congress gave the Fed a blank check to bail out all of its crooked crony corporate and Wall Street friends, allowing the Fed to provide more than $4.5 trillion to underwater corporations…

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