Piezoe = Hero of the stupid
Fed Governor Jerome Powell's Speech at Catholic University
- Thread starter piezoe
- Start date
It is precisely due to the plenty of issues the Fed cannot manage correctly that it needs to be audited. Thank you for playing.
He's either a Fed employee or an ex-employee. He intentionally shills for them.
Piezoe is Bernanke's man servant
The Hellerstein decision is one that I believe Jem has relied on to underpin his insistence that the Federal Reserve is a "private bank." In fact Hellersteins ruling ,with regard to the Branch Banks, not the Federal Reserve itself, turned on technicalities. The Branch Banks are not dot gov and not dot com institutions , they are dot org. Their employees are not government employees. The fact remains that they are not wholly private, for profit, institutions either. They are, in fact, private-government hybrids. The Federal Reserve itself, which is wholly government, makes the structure of the Branch Reserve Banks abundantly clear. Sadly not all ET'ers have learned to read.
Hey, if it's still relevant, it's still news.
I don't remember saying anything about private/public in regards to the Fed. Are you obfuscating or bringing up something between you and Jem? Perhaps you should address Jem.
You're correct, it is not something directly related. I should not have mentioned it. It was an aside brought to mind by the Hellerstein decision.
I wouldn't be surprised, however, if those who think that the Fed is not audited, are not, in the main, the same folks who believe the Fed is a private, for profit operation.