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Union thug named Chairman of NY FED

by Phantom Ace ( 47 Comments › )
Filed under Barack Obama, Communism, Democratic Party, Liberal Fascism, Progressives at August 25th, 2009 - 6:57 am

Good morning everyone. I hope you all slept better than I did.

In a move showing the power and infiltration the Transnational Totalitarian Progressive Movement, a union leader has been appointed to head the NY Federal Reserve! This makes no sense. What does a union leader know about markets, other than blackmailing them? This is the equivalent of naming an Italian mobster or Colombian drug lord to the FBI.

The Federal Reserve chose a labor leader to succeed a former Goldman Sachs executive as the chairman of the Federal Reserve Board of New York’s private-sector board of directors.

Denis Hughes, president of the New York state branch of the AFL-CIO, had been serving as acting chairman of the New York Fed board since May, when Stephen Friedman stepped down from the position.

Read the rest.

This shows the stranglehold the Neo-Feudal Progressives have over our nation. Not only do they control the government, media, entertainment industry, education and corporations, but they also have a presence on the Federal Reserve. This cancer continues to expand in our nation and we must confront it!

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