Economies do *not* self correct, however. They only appear to do so under the threat of something else happening. When left alone, money congregates -- it does not disperse.
* * *ASB* *http://about.me/Andrew.S.Baker* *Harnessing the Advantages of Technology for the SMB market… * On Fri, Jul 22, 2011 at 9:46 AM, Michael B. Smith <[email protected]>wrote: > The fed, at its core, is (in my opinion) socialistic in the extreme. > > Economies need to self-correct. The fed attempts to stop that, and (again > in my opinion) makes things worse. > > Regards, > > Michael B. Smith > Consultant and Exchange MVP > http://TheEssentialExchange.com > > > -----Original Message----- > From: Ben Scott [mailto:[email protected]] > Sent: Friday, July 22, 2011 9:38 AM > To: NT System Admin Issues > Subject: The Fed Audit > > Dean should *love* this: > > "The Fed Audit" > > http://sanders.senate.gov/newsroom/news/?id=9e2a4ea8-6e73-4be2-a753-62060dcbb3c3 > > The rhetoric in the press release is rather sensationalist, but the > fact that the Federal Reserve loaned out $16 trillion to prop up banks > and businesses is none-the-less interesting. The full GAO report is > 266 pages long but the introduction paints a picture of an > organization with likely conflicts of interest, no transparency, and > little oversight. > > -- Ben > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ --- To manage subscriptions click here: http://lyris.sunbelt-software.com/read/my_forums/ or send an email to [email protected] with the body: unsubscribe ntsysadmin
