The effort to pass the $700 Billion Bailout Bill continues. The Federal Reserve, an incorporated institution collectively owned by private investors, will be the main profiteers of the Bailout Bill. The Federal Reserve is technically lending money to a credit risky borrower, the Government. The Government is going down the same path that got the economy into the current mess that it's in. The Fed lends the Government money at interest, more money is pumped into the economy (and weakens the dollar), and with the rise of Anti-American sentiment, our National Security is now at an increased risk.
The Dollar
The Dollar has no real value. Money was originally tender for Gold. Now, Money is perceived value, it is no longer backed by Gold. The value of the American dollar is based on the number of monetary units in circulation (Value = Scarcity).
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The Federal Reserve
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