More genius from Chris Dodd

[brainstorm]

http://news.yahoo.com/s/ap/20091110/...ncial_overhaul

Who knows? Maybe more federal agencies will be good for us.

[Swampmaster]

Dodd--still in the pocket of big finance, trying to figure new ways to help his good friends and get lucrative deals.

[autiger007]

Anything that kills the Federal Reserve is a good idea. Why does it even exist? Can't we just print our own damn money?

[TR1228]

I obviously despise the Federal Reserve's ability to print money out of thin air, but we must be careful that if we strip that power from the Fed we get rid of it completely, not grant the printing presses to someone else. If that power went to Congress, it would be even worse, if that's somehow possible.

[AnnArborGator]

Originally Posted by TR1228

I obviously despise the Federal Reserve's ability to print money out of thin air, but we must be careful that if we strip that power from the Fed we get rid of it completely, not grant the printing presses to someone else. If that power went to Congress, it would be even worse, if that's somehow possible.

The way to do it is End the Fed and repeal legal tender laws at the same time. That'd be putting the power directly in the hands of the people, where it belongs. I absolutely agree that Congress can't be given the power of the printing press.