The financial benefit of the Fed under the U.S. Treasury
Two days ago, Monday 26 January 2009 at about 2:05 p.m. Washington D.C. time, Congressman Dennis Kucinich (D-Ohio) expressed the idea of placing the Federal Reserve, itself a private corporation, into the receivership of the U.S. Treasury Department on the House floor, just hours prior to the approval of New York City Federal Reserve Bank CEO Timothy Geithner, as being financially efficacious to the overal economic situation Americans are currently facing. I, along with Lyndon LaRouche, would agree that Treasury Secretary Geithner serves at the pleasure of President Obama.
- Andrew C. M Nelson