Economic Policy Statement...please comment
Posted by Faded on Fri, 05/09/2008 - 22:50 in

My policy when running for office

The Federal Reserve:

Abolish the Fed or

The Federal Reserve is placed under control of the Congress of the United States.

Requiring each Federal Reserve Region Chairman and the Chairman of the Federal Reserve to be nominated by the State Governor in which the regional office resides in and is voted on by the House of Representatives of the United States of America.

2 year term for the regional chair

6 term for the National Chairman

With the need to be more flexible in the current global economy. The Reserve will be mandated a ratio of 30% silver or gold in coin money supply.

As well as a reserve of 30% of total paper money in circulation backed with the same percentage in gold and silver.

Require the Federal Reserve Regional Chairman report to the congress’s House Finance Committee on a monthly or quarterly basis, economic news relating to the Region and Federal Reserve Activity.

Any immediate federal reserve action that is required would be allowed with an emergency vote of the house finance committee, followed within 2 days a vote in the house.


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Like so many

Like so many politicians,you're ready to deal with these crooked bankers.
You should seek an honest line of work with few conflicts of interest.

bobo Posted by bobo on Sat, 05/17/2008 - 05:20
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