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Robert C. Solomon Quote: 'There is a European Central Bank, ...'

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The Congress has had an uneasy relationship with banks and bankers since Alexander Hamilton. It took the United States until 1913 to set up a central bank. The Federal Reserve earned its hard-won independence over years of effort.
Robert Zoellick
The president has very little effect on the economy. If you want to put blame or credit, the main person who influences the business cycle is the head of the Federal Reserve Bank.
Robert Fogel
Tags: Business You Who
Prices are going up. Unemployment continues to go up. And we have not had the necessary correction for the financial bubble created by our Federal Reserve system.
Ron Paul
Tags: Up Had Our
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The central bank needs to be able to make policy without short term political concerns.


Ben Bernanke
Tags: Make Without Able
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Market forces will one day crush the Federal Reserve. One day, the market forces will reverse.


Marc Faber
Tags: Will Day Market
What's brilliant about the United States system of government is separation of power. Not only the executive, legislative, judicial branches, but also the independence of the military from civilians, an independent media and press, an independent central bank.
Feisal Abdul Rauf
The Obama administration's plan is to have the Federal Reserve regulate banks that might pose a 'systemic risk' if they were to fail.
Thomas Frank
Tags: Were Might Obama
My preference is for the Federal Reserve to be the systemic risk regulator, because the responsibility for identifying and limiting potential problems is a natural complement to its role in monetary policy.
Henry Paulson
The Federal Reserve can only buy Treasuries and agencies, and moreover quantitative easing typically involves buying longer-term Treasuries and agencies in terms of bills, for example.
Ben Bernanke
Tags: Only Terms Buy
Let's not forget, it was the government, Department of Finance and Central Bank that decided to unfairly land the taxpayers of this country with unmitigated losses of Anglo and massive legacy issues that would have been expected when nationalising a fraudulent bank.
Sean Quinn
In 2008, Goldman Sachs only paid 1.1 percent of its income in taxes even though it earned a profit of $2.3 billion and received an almost $800 billion from the Federal Reserve and U.S. Treasury Department.
Bernie Sanders
Tags: Only Even Almost
I believe that the market is slowly waking up to the fact that the Federal Reserve is a clueless organization. They have no idea what they're doing. And so the confidence level of investors is diminishing, in my view.
Marc Faber
Tags: Up Doing Believe
If somebody had said to me in June or July of 1987, 'We'd like you to become chairman of the Federal Reserve, but you're never allowed to discuss any economics after you leave,' I'd have said, 'Forget it.' What do they want me to do? Become an anthropologist?'
Alan Greenspan
Tags: You Me Like
Last year, Congress passed a law that directs the Federal Reserve to set limits on debit card swipe fees that are reasonable and proportional to the cost of processing those transactions. Like most Americans, I had no idea that swipe fees charged to American businesses are the highest in the world.
Peter Welch
Tags: Like Had World
It's absolutely critical that we audit the Fed so the American people can see what's going on over there. Do it from top to bottom so that we can have transparency in this entity called the Federal Reserve. Hopefully, the American people will see that we need to go back to the gold standard, which I've introduced, and get rid of the Fed.
Paul Broun
Tags: People Get Will
For small community banks and credit unions, like those in Central and Northern Wisconsin, the hundreds of new rules will require an estimated 2,260,631 labor hours just for compliance. Those are hours that your local bank or credit union will spend dealing with some Washington bureaucrat instead of focusing on the needs of customers like you.
Sean Duffy
Tags: You Like Just
Films must all have the same structure. All of this to guarantee box office bonanza, which of course it never does, but that's another discussion entirely.
Dirk Benedict
Tags: Never Which Same
America's health care system is in crisis precisely because we systematically neglect wellness and prevention.
Tom Harkin
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Bailing out every bank that fails makes the system riskier, not safer.


Nassim Nicholas Taleb
Tags: Out Every Makes
It's not telepathy. It's not the Borg. But we created a new central nervous system made of two brains.
Miguel Nicolelis
Tags: New Made Two