The Federal Reserve refused a request by Bloomberg News to disclose the recipients of more than $2 trillion of emergency loans from U.S. taxpayers and the assets the central bank is accepting as collateral.
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It appears that we are throwing money at something that’s broke!
Isn’t it time that somebody had the balls to say “Enough is enough! Let’s try something different?”
Or is it that our pensions et al are too tied up in the current system? Are there pressures from the multi-nationals to keep the status-quo?
There have been instances in the UK of workers not getting their pensions (think ASW) so should we continue to make contributions? Are our futures really safe-guarded?
There may be more questions than answers!