The FDIC: Another Dark Legacy of FDR
By: Jacob Hornberger In 1933, the Franklin Roosevelt Administration brought into existence the Federal Deposit Insurance Corporation. Along with FDR’s nationalization of gold, his adoption of a paper-money system, his enactment ...
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FED LAUNCHES “QE LITE” PROGRAM TO BAIL OUT BANKS
by Michael Maharrey In the wake of two bank failures, on Sunday, March 12, the Federal Reserve and the U.S. Treasury announced a bank bailout program that could be dubbed ...
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