MNgeneralfinance (November 30, 1999 at 12:00 am)

The Fed is independent to congresses control. I think the president appoints members and they serve for a very long time, like 14 years. They spend a lot of time determining what assets to buy on the market to meet their strategy, which is usually target rate FOMC. Target rate means they pick a number like 2.0% yield on 10 year treasuries. If the yield is 2.2% then they will sell billions of 10 years t-notes and create a demand that lowers yield until the market gets to 2.0%.

aretlev (November 30, 1999 at 12:00 am)

Ron Paul 2012.

MrRokaroo (November 30, 1999 at 12:00 am)

Can't wait till this parasite has enough money to leave the US. Better up his welfare to get him out of here ASAP.

Hkepfer (November 30, 1999 at 12:00 am)

Rep. Paul speaks clearly to our most pressing issues.

1madamerican2 (November 30, 1999 at 12:00 am)

is the federal reserve a reserve of the federal government? why did the federal government created a federal reserve? what is the fed reserve? a government agency? a quasi-government agency? or a private agency controlling the federal government of the USA? what is the role of the states and their power in the Union? is the fed reserve above the law? because if the federal government has no authority over the fed reserve, who's controlling the federal reserve? what laws do they follow?thank u

DetachedOnlooker (November 30, 1999 at 12:00 am)

I bet if u let riot dog loose in there and locked the door every mothertfucker but Ron Paul would get bit in the ass. RIOT DOG HATES BAILOUTS.

edwinr360 (November 30, 1999 at 12:00 am)

RON PAUL FOR PRESIDENT, 2012!!! HE IS THE EXAMPLE OF A TRUE AMERICAN, AND IN THESE TIMES, MOST HAVE AN ALMOST LEGIT PERCEPTION OF AMERICANS AS IDIOTS. YOU BECAUSE I HAVE NOT, BECOME BLIND DEAF AND DUMBED DOWN. HUH?? EXACTLY. YOU PEOPLE ARE JUST THAT, IF YOU ARE NOT LISTENING TO THIS MAN. MOST IMPORTANT IS HIS MESSAGE>> IM ALL IN.

youneekk (November 30, 1999 at 12:00 am)

Harold Camping was RIGHT about May 21, click on my channel to see...