Transparency concerning the Federal Reserve's conduct of monetary policy is desirable because better public understanding enhances the effectiveness of policy. More important, however, is that transparent communications reflect the Federal Reserve's commitment to accountability within our democratic system of government.
We developed at the local school district level probably the best public school system in the world. Or it was until the Federal government added Federal interference to Federal financial aid and eroded educational quality in the process.
How can you raise the level of consciousness on this? How can you get the federal government to take the responsibility? Florida does not have a foreign policy. This is a federal policy or absence of federal policy. It's so clear that we're not being treated fairly. We have to come up with a solution. It hurts your head trying to figure out what to do.
Our federal resources, our U.S. marshals, and the federal court system are being used, I think, by the private sector.
The Federal Reserve and other central banks have adopted broad public policy objectives to guide the development and oversight of the payments system. At the Fed, we have identified efficiency and safety as our most fundamental objectives, as set forth in our Policy on Payment System Risk.
We are at a crossroads over how the federal government in Washington and state legislatures and city councils across the land allocate their financial resources. Which fork we take will say a lot about Americans and our values.
The federal government is the balance wheel of the federal system, and the federal system means using counterweights.
The financial system has been turned over to the Federal Reserve Board. That Board administers the finance system by authority of a purely profiteering group. The system is Private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money.
We have become bound by a political straitjacket that frames every debate: Too much federal government. Yet our forefathers forged this system for us. The federal government can accomplish what the states, acting alone or even in concert, cannot.
The federal government should end its policies of economic warfare against the United States and allow our nation to develop all its energy resources to the fullest, both for domestic use and for export.
We are stronger than we think. We have emotional, spiritual and even physical resources at our disposal. We may get knocked down, but we don't have to stay down.
To restore confidence in our markets and our financial institutions so they can fuel continued growth and prosperity, we must address the underlying problem. The federal government must implement a program to remove these illiquid assets that are weighing down our financial institutions and threatening our economy.
Because financially capable consumers ultimately contribute to a stable economic and financial system as well as improve their own financial situations, it's clear that the Federal Reserve has a significant stake in financial education.
In addition, the oil royalties the Federal Government does not collect from big oil will starve the Land and Water Conservation Fund of critical financial resources.
If the federal government can mandate what we have to spend our own money on, then the federal government can make us buy something even if we are morally opposed to paying for it.
As they work hard for our children, America's teachers often reach into their own pockets to make sure they have the best classroom supplies. I feel strongly that the federal government should help make up for their personal financial burden.