Call for Resignation of Federal Reserve Members

(moved from LBN)

Let's talk about this!

[liberalhistorian]

1. Why do you want

Federal Reserve Members to resign?

2. You have to spend the time and read what the problem is

I'm sorry, this isn't a Michael Jackson type story.

[rogerashton]

3. OK, two things.

One, you feel that there is more inflation than the statistics indicate, a lot more, and that the increases in house prices especially are an indication of it -- if I understand you. I disagree, but you would get some (limited!) support from the Economist magazine, anyway about a "housing bubble."

And you blame the Fed, for not preventing or actually creating it. Again, I disagree, but we could talk about it. No big deal.

However -- second -- what do you mean by Fed members resigning? the members of the Federal Reserve System are banks. The system has a board of governors -- I assume you mean you want some members of the board of governors to resign, is that it?

It's a little hard to figure out -- I don't mean to flame, but this doesn't read like a very well thought out or (perhaps) informed view of things.

[theboss]

4. Who and why?

Just wondering.

[Sir_Shrek]

5. Are you the same Dan Spillane....

...who brought up the accounting problems in the BLS reports or something like that?