The Fed Pumps $630 Billion into Global System

domain-b.com - Banks & institutions:
The Federal Reserve and central banks around the world have yesterday flooded banks with cash to alleviate the worst global banking crisis by injecting additional $630 billion as concerns over the stability of world financial system increased. The Federal Reserve action came hours before Treasury Secretary Henry Paulson's $700-billion bail out plan to rescue the financial institutions and restore a semblance of confidence in the global market was voted down by US lawmakers in the House of Representatives by 228 votes to 205.

HR 2755 - END THE FED!
Campaign for Liberty
Federal Reserve Board Abolition Act (Introduced in House)
HR 2755 IH - 110th CONGRESS, 1st Session. H. R. 2755 - To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes. IN THE HOUSE OF REPRESENTATIVES: Mr. PAUL introduced the following bill; which was referred to the Committee on Financial Services.

Posted by Editor at September 30, 2008 09:44 PM