Q:Because i could've sworn the United States was founded on the free market.and up until Washington (Democrats) in particular thought using fannie mae and freddie mac to control the housing sectorand backing all the home loansThe free market made us prosper.

Lincoln warned of the “money powers” and the banks -- said they were a greater enemy than the Southern Army was. But, particularly since Reagan deregulated banking and caused the SL scandal -- they’ve been in bed with D.C. Wall Street now hates Obama, so it seems that despite Republicans obstructionism, we’re getting somewhere.

Q:1993 american eagle with a cummins 325hp. In a couple of months plan to head west. I was toid the have a banks system instslled. Would give me more plus an exhust brake. So pros and cons

YES it will give you more power for pulling hills you should get this done sooner not later and give yourself time to work out any bugs in the system. Find someone who has a lot of knowledge doing this so that it gets done right the first time. You may need to upgrade the exhaust to make extra power you are going to lose a couple miles per gallon but it will be well worth it in the end.

Q:I want to know about the vision and mission of ICICI Bank

Vision Of Icici Bank

Q:Does anyone know how solar works in plain English. .I bought 5 - 500 watt outdoor lamps for my yard that i would like to run off of solar power but im not finding an answer on how many or what type of solar panels to get or how many batteries and what kind. Anyone here know? Im not looking to spend a huge fortune to set this up any help is very apprciated.thanks,tony

Yeah, you pay lots of money to have it installed, it produces power when the Sun shines and had you just put the money in a good bank account instead, you could've bought the equivalent power from the bank account with it's interest and still have money leftover. Without government incentives like they have in Europe, it still doesn't make sense for the individual homeowner. Also the current method of grid tied inverters which use the grid as a 100% efficient battery thereby cutting costs to a third of a battery based system, depends on most of the grid subscribers not using solar. Should solar become popular, the grid tied concept would unravel the grid unless a way of economically storing energy could be found or an inexpensive load following generation source such as Liquid Fluoride Thorium Reactors be deployed.

Q:I am under the opinion that the Federal Reserve System and our Banking industry has gotten us into this huge financial mess we are in today.I am also under the opinion that the Federal Reserve System as well as our Banking Industry needs to be under a much closer eye then they are today. In our Banking Industry, that can be a combination of private enterprise and far tighter government oversight and control. Our Federal Reserve System needs to be totally transparent and a public entity, instead of what it is now, a private one where not even our government knows who all the players are, or what really goes on behind their closed doors.Your input please.

It will have to be soon. The fractional reserve system has failed or succeeded depending how you look at it. There cannot ever be the unending growth that this system requires. It is a Ponzi scheme that have benefited the big world banking families until now. The population growth and the US consumerist society kept the balls in the air but can no longer do so. In part because of the 'new' derivitives market has created more debt than the total amount of money in the worldMany past Presidents have spoken about the banking cabal and a couple died after trying to nationalize our moneyAndy Jackson only had three attempts on his life though. We live in interesting timesglad I am not young so won't have to see the worst of the impending reorganization. I was in South America in the 70s when Argentina went down. NOT pretty!

Q:As a beginner in economics im not educated in this field. Why does the gov insure banks? As in what way(s) does it do this and what is it trying to protect or insure by doing so? Dont be afraid to go in detail if necessary as im very interested to hear what you have to say. Thanks yahoo chaters

So that we don't have another economic crisis like the great depression. ( at least that was the theory when it was begun)

Q:how does the bank of England setting interest rates affect people unless they have a mortgage with thebank of England because don't individual banks set their own interest rates? Sorry if this is a stupid question I just don't understand it

As I understand it a matter of supply and demand. Bank of England is a central bank. A central bank has the authority to set a target rate. It then uses it powers to borrow lend, and print money until there is sufficient demand or supply of money to cause interest rate to move to the target rate.

Q:Hello, big problem here! Live in Toronto, Canada. -Co-signed a car loan with my ex husband. We not together now.-He was primary signer I was secondary.-Failed to make payments from last July. Gave car to the bank (TD Canada Trust were financers)-I have a basic bank account with Scotiabank.How long before they attempt to freeze my bank account? I was told this is what they will do next, and will they freeze both our accounts or just one?Thanks for any insight at all.

What's the problem? Do you still owe TD money? Even if you do, they can't access your Scotiabank account without a court order. So you don't have to worry about TD unless they get a judgement against you. If you owe money to Scotiabank, and aren't paying, they can take the money out of your account. It's unlikely they'd ever freeze the account, though.

Q:What is the difference between a mobile power and a charge?

The second half of the year the mobile power was officially leapt to the digital stage from the hair to pick up the mobile power English name called the powerbank with the popular called the battery savings bank mobile power as early as 2002 when there is no market concept of intelligent machine or intelligent machine has not yet entered a large number of ordinary

Q:How would you? Would you go to the 'Fed' Office and try to buy some stock? Do central banks have stock? If so, what are the powers of that stock? To elect the board? To control the entire Reserve? Explain in full detail.

They don't have stock. They are controlled by a board of governors who are appointed by the President. You would go to the White House and have him appoint you. The main power is setting interest rates. You don't control the entire reserve, or any of the reserve. Congress controls what money gets spent and how it is spent.