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Obama/Geithner Financial Regulatory Scheme Will Give Federal Reserve Massive Power
Not only will the Fed be able to use "its" discretion to hand out money to businesses that are "too big to fail", the Treasury will be able to "regulate" more financial products, ie, they will continue to mess with credit card rates and issuance, in addition to regulating banks even more than they do. Anyone tried to move money from a savings out to a checking account more than three times in a month? Yeah, that's right, your checking account will be shut down thanks to federal regulations.
Nothing like freedom.
http://www.msnbc.msn.com/id/31354523/ns/business-stocks_and_economy
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