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Dear Jeff,
A correction to the Neptune article. You mentioned that deregulation and chicanery were at the heart of the issue we face. However, the Federal Reserve, FDIC,RTC,and Congress were all in control of overseeing monetary policy since 1913. Are you saying that the prior administration is responsible for all of the recessions and crashes since 1913? The Federal Reserve Board was in charge for 10+ years before the Great Depression. |
