4Annie

The Fed's Haul for 2008: $35 Billion

$25.6 B wealth transfer from US Taxpayers not to bureacrats but to private individuals & shareholders???? The federal reserve is a private corporation owned in part by banks like JPM, AIG, Goldman etc and individuals. If the US government can issue treasury bonds & bills, it can also issue their own banknotes & eliminate the middlemen. Keep the wealth in the US taxpayer family.