Msg. 60952 of 65535 (This msg. is a reply to
60951 by
Zimbler0)
Jump:
Obama has no say in what the Fed does, His only responsibility is for the appointment of the Fed Chairman, the rest of the voting members are appointed by the 12 Federal Reserve banks, which are NOT agencies of the government.
obamba has had the Fed printing money by the ton . .
and shoveling it into the stock market thinking
that that would create jobs.
The real question is "Why hasn't it?"
And the answer to that question is the same as why
American corporations are sitting on large quantities
of cash . . . if they try to expand and create more
jobs . . . obamba's socialist policies will eradicate
their profits.
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