ajacksonian
2010-08-13 18:49:30
We got rid of the old National Bank for a reason and did without ANY form of federal government bank or means of controlling the economy for over 70 years. Strange that the Nation went from a relatively minor power to laying the foundations to be a major power in those decades without federal ‘help’ in the economy.
Now, of course, we have far more power vested in GSEs than was ever dreamt of for the old National Bank… and yet the threats they all pose is just the same.
