The FED, to a great degree, is responsible for this mess that we now face.

The pushed loose money policies and backed the GOP and BushCo and we now see the harvest from what they have sown.

Their policies benefited the banking industry for years... policies which they had a vested interest in.

The FED is supposed to stabilize the economy and bring orderly growth to the economy... not act in such interventionist manner as to create the economy.

They HAD TO KNOW what the end result was going to be... yet they persisted in turning up the throttle on the train heading for the trainwreck.

Now the train has finally derailed and what do they want... amnesty for the banking industry and all the related financial industries that benefited under their control of the economy.


So... shouldn't the FED be reigned in before they create any further messes ?

Why should we bail out their industry... and leave the culprits in control ?

Why shouldn't the industry have to bail themselves out of the mess they have created ?