SeekingBottoms

Saving Fannie and Freddie

The Federal Reserve is neither fedaral nor holds reserves: it is a cabal of PRIVATE bankers who are in the business of loaning money. They have used Fannie and Freddie as a conduit to pump the US economy with oceans of cash...upon which they collect interest as bankers are wont to do.

The FED, I posit, is not the SOLUTION to our economic malaise but rather the SOURCE of it. THe Federal Reserve MUST be abolished before it finishes the job of taking over the United States entirely.