The Federal Reserve: How much power do they wield? [View All]

[FDRrocks]

Thought crossed my mind this mornin... doesn't the Federal Reserve, especially Alan Greenspan, wield a massive amount of power.

What I mean is Clinton won his first term basically on the economy. I would judge that in any presidential contest the economy is the single most important factor. Can't the Federal Reserve make the economy (appear as) whatever it wants, at any given time? The answer I find is "Yup".

We need to get rid of Greenspan, and his disproven right-wing Objectivist outlook.