The Federal Reserve, and their member banks, have become a main pillar of Progressive government.
In exchange for unlimited debt, printed money and manipulated interest rates from the Federal Reserve to support the massive nanny state, they allow Wall Street to be crony-capitalist intermediaries for our financialized economy.
It is in no way “free market.” It is state-controlled crony capitalism to its core.
Hear Hear!
The financiers of Obama type federal government. Plus the Federal Reserve in DC has a bloated affirmative action oriented staff churning out (make work) liberal studies on redlining and disparate lending and has a few enforcement arms for meddling in business
Bush-43 is responsible for a lot of that. He appointed Goldman Sachs people in important positions in his administration, and he was easily pursued into TARP by them, which was basically saving Wall Street bank cohorts of his Secretary of the Treasury, Henry Paulson, ex-CEO of Goldman Sachs.
You said it better than I could in post 11. This is what fractured the GOP base. They still don’t get it....they think we are coming back in a few months. It’s over, most of them just don’t know it yet.