Is this allowed? NEW POWERS for the FED from the TREASURY DEPARTMENT


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Catherine
March 28, 2008, 11:26 PM
Holy moly - the Treasury Department proposes NEW POWERS for FED! SWAT and more!
SWAT TEAMS and more!

This is not good... these new powers for the FED.


http://www.drudgereport.com/

TREASURY DEPT. PROPOSES NEW POWERS FOR FED

http://www.nytimes.com/2008/03/29/bu...gewanted=print

March 29, 2008
Treasury’s Plan Would Give Fed Wide New Power
By EDMUND L. ANDREWS

WASHINGTON — The Treasury Department will propose on Monday that Congress give the Federal Reserve broad new authority to oversee financial market stability, in effect allowing it to send SWAT teams into any corner of the industry or any institution that might pose a risk to the overall system.

The proposal is part of a sweeping blueprint to overhaul the nation’s hodgepodge of financial regulatory agencies, which many experts say failed to recognize rampant excesses in mortgage lending until after they set off what is now the worst financial calamity in decades.

Democratic lawmakers are all but certain to say the proposal does not go far enough in restricting the kinds of practices that caused the financial crisis. Many of the proposals, like those that would consolidate regulatory agencies, have nothing to do with the turmoil in financial markets. And some of the proposals could actually reduce regulation.

According to a summary provided by the administration, the plan would consolidate what is now an alphabet soup of banking and securities regulators into a powerful trio of overseers responsible for everything from banks and brokerage firms to hedge funds and private equity firms.

While the plan could expose Wall Street investment banks and hedge funds to greater scrutiny, it carefully avoids a call for tighter regulation.

MORE on the ABOVE LINK.

Catherine
__________________
http://www.ronpaul2008.com/

Amendment II

A well regulated militia, being necessary to the security of a free state, the right of the people to keep and bear arms, shall not be infringed.

An armed society is a polite society. Manners are good when one may have to back up his acts with his life.
Robert A. Heinlein

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Zedicus
March 28, 2008, 11:36 PM
Totaly FUBAR.

Catherine
March 28, 2008, 11:43 PM
My late husband used to have some old military sayings. USN Destroyer - Vietnam tour and ALL around the world tours. Later on with the Air NG fighter wing along with his NON goobmint job.

SNAFU was one of them.

I can't say some of the other things here.

If you read some of Claire Wolfe's famous QUOTES... she talks about one... America is at that awkward stage...

http://www.brainyquote.com/quotes/quotes/c/clairewolf197713.html

Sigh.

This is NOT good - this article and latest news.

Catherine

Sans Authoritas
March 28, 2008, 11:45 PM
"Is this allowed?"

Allowed by whom? The people who have the power to allow whatever they want? Obviously so.

-Sans Authoritas

Catherine
March 28, 2008, 11:52 PM
QUOTE:

"Is this allowed?"

Allowed by whom? The people who have the power to allow whatever they want? Obviously so.

-Sans Authoritas
__________________

I meant allowed by the MODERATOR and/or OWNERS of this gun board.

I know that the control freaks at the alphabet agencies can do what they want to do along with ALL of the other government people who IGNORE the Constitution/Bill of Rights!

AFTER all you know WHO said you know WHAT about the Constitution being nothing but a G@$#^(*&! piece of paper and HE lives in a white colored house in the District of Criminals!

Have a good night.

Respectfully yours,

Catherine

Louisiana Carry
March 28, 2008, 11:53 PM
This is what happens when you allow crap like this to start in the first place.

Opinion on the Constitutionality of a National Bank (http://americanrevival.org/documents/other/bank.htm)
Thomas Jefferson

Catherine
March 28, 2008, 11:55 PM
Very true.

Catherine

Zedicus
March 29, 2008, 12:00 AM
No matter how you slice this kind of thing, it does not bode well....

moewadle
March 29, 2008, 12:14 AM
I am not sure how this applies to the focus of this forum? Any moderators want to check this out? It does not seem pertinent to me. :confused:

takhtakaal
March 29, 2008, 12:15 AM
What the freak is going on with this place?

This has nothing to do with guns. Not even with slingshots.

Larry Ashcraft
March 29, 2008, 12:17 AM
Is this allowed?
No.

Off topic, try APS.

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