“There have been times when the Federal Reserve has restricted the money supply and raised interest rates to gain an end, which had much better been left to another Government agency or the Congress to attain. The country could have had lower interest rates without sacrificing anything else.” Has BeensEndsCountryGovernmentPoliticsLeftInterestEconomySacrificeGainsRaisedRateCongressAgencyLiberalismReservesFederal ReserveInterest RateGovernment Agencies Author:Wright Patman
“Big money tries to purchase its own agenda. Money does too much talking in Washington. Every senator, every representative, even the president awakens each morning with a number in his head that will drive the whole day. The number is the amount of money that must [be] raised that day for his reelection. If he fails, the next day's number will be even higher.” IfsTryingDoeWholeBigsGovernmentNextPoliticsPresidentNumbersTalkingMorningToo MuchFailingAmountHigherRaisedAgendasRepresentativesSenatorsNext DayReelection Author:Patricia Schroeder