Wednesday, March 30, 2011

Fed Won't Budge on Disputed Rule on LO Comp

The Federal Reserve Board is showing no signs of backing down on its loan officer compensation rule despite congressional requests and industry lawsuits to delay the April 1 effective date.

Here's my question, why does the Fed have anything at all to say about anything?

They are not a government agency, they are not even suppose to be in control of our monetary system! I don't have the space to explain here, but if you want to understand how our entire monetary system and economy has been hijacked, read "The Creature from Jekyll Island". This is one book that does a great job of explaining the fraud that has occurred since 1913.

I am just disgusted with the whole thing.


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