Comment in the Charlotte Observer on the housing bustSubmitted by wafflehutguy on Wed, 02/11/2009 - 10:09
this was a set up. Greenspan (the savant) knew what he was doing with the sub prime bait. At one point 40% of our GDP was related to the housing sector and all the consumer goods that were available by using our homes as ATM's.
The Federal Reserve is not a Federal Entity. It is a private bank that prints our money and charges us interest on it. We can not audit the Federal Reserve, rather that privilege is reserved for the "Bank for International Settlements" (www.bis.org) which is based in Basel Switzerland. It is part of the Rothschild banking empire
Face it kiddies - we are bought and paid for because we are too self absorbed and dumbed down to see how our country was stolen from us.
Ron Paul was right. End the Fed.