Obama’s Financial System Overhaul Would Give the Fed Broad Powers Over Wall Street
Submitted by Bapcha’s Stocks
Posted on June 22nd, 2009 in Dollar, Federal Reserve, Obama, Reserve Currencies, US Dollar Dollar, Federal Reserve, Obama, Reserve Currencies, US Dollar
U.S. President Barack Obama took a swipe at Wall Street yesterday (Wednesday) as he unveiled a sweeping 85-page proposal to reinvigorate government regulation of the U.S. financial markets by giving the Federal Reserve new powers to supervise the economy.
More on this topic (What’s this?)
Jim Grant: The Fed Would Be Shut Down If It Were Audited (Zero Hedge, 6/10/09)
Obama Selling Military Secrets To China For Debt Forgiveness? (Zero Hedge, 6/1/09)
The Friedman Effect: Is Another Bear Market Around the Corner? (Investment U, 6/22/09)
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