The Federal Reserve is holding you down while the banks rob you blind.

Alan Greenspan fostered an environment of easy credit and mal-investment, which led to the dot.com and housing bubbles.  Banks leveraged up and got burned. Now the American tax-payer is left holding the bag.

What have we learned from all this? Not much.  The banks are still taking huge risks and the Fed Reserve is back-stopping the losses.  So, in a very real sense,  you, as a  tax-payer are taking all the risk and getting no reward.

Take 7 minutes and watch this little clip (from July 2009). It tells the story everyone needs to understand: The Federal Reserve is holding you down while the banks rob you blind.

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