Reply #9: You do understand how the discount window works? [View All]

[howaboutme]

Hand out unlimited money at virtually 0% interest and even a monkey can get rich. That is the true gift horse that benefits the banker elite and it is obligating Americans and destroying the dollar and this doesn't even touch the negative currency implications of QE2.

Thanks to a bankster beholden Congress, Geithner, Obama and the influence of the Federal Reserve, the same too big to fail investment banks that were at the heart of our economic problems were handed the keys to the printing presses and public tax trough with virtually free unlimited credit because they were encouraged to become commercial banks with access to the Feds discount window. Instead of being held accountable and required to face liquidation they and their principals were given free money and the opportunity to make even more enormous profits.

If not for the media covering up the incestuous relationship between the Federal Reserve, US Treasury and Wall Street, Americans en mass would be on Wall St with pitchforks and bonfires.

The Federal Reserve and those they help at our inevitable cost needs fully audited and the results made publicly available. The Feds mission needs to be reduced to keeping the dollar strong and keeping inflation under control, and not have the current discretionary policies that benefit an elitist few.