1) "Existing lending rules allow banks controlled by the Federal Reserve System to negligently, and perhaps, fraudulently, sell off shaky house loans." 2) The banks are negligent because the banks have an obligation to make sound loans. 3) The banks are fraudulent because the banks are purposefully avoiding their contractual obligations to Congress and thus to the American People.
The basic immediate monetary problem and how to fix it -- 9/21/08 See <<http://www.howto-ville.com/Money%20Section/labaton.html>> Marty Carbone / [EMAIL PROTECTED] --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
