Fed Loses Power Within the Regime

Posted by Lew Rockwell on March 21, 2011 09:43 AM

The Supremos have just refused to hear an appeal from the central bank, which means it has five days to reveal the names of the fractional banksters to whom it gave bailouts during the financial crisis it caused, and all the details. Now that the Fed—thanks to Mises, Rothbard, and Ron Paul—is no longer seen as just the boring name on the bills in your wallet, but as a gigantic rip-off operation to reward the State and its corporatist pals at the expense of the rest of us, its prestige has been dramatically damaged. That means it’s vulnerable. End the Fed!