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#26
Old 11-16-2009, 01:21 PM
Virgil Caine
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Quote:
Originally Posted by raabd View Post
No, the president elects the fed chair and obama chose him for another term. Yea the Fed is independent but they were created thru the democratic process (federal reseve act of 1917).
Now this does in fact get into the sources of power which drive politics. If you believe it to be as simple as you say, you are sorely mistaken. It's all political.
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