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	<title>Comments on: Weekly News Round-Up</title>
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	<description>Redfin Bay Area Sweet Digs</description>
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		<title>By: cp</title>
		<link>http://blog.redfin.com/sfbay/2008/01/weekly_news_round-up-9.html/comment-page-1#comment-2447</link>
		<dc:creator>cp</dc:creator>
		<pubDate>Fri, 18 Jan 2008 02:48:25 +0000</pubDate>
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		<description>&quot; The Federal Reserve is neither Federal, nor a reserve. It is a private bank that was established in 1913&quot; 

Actually the Federal reserve is a quasi-public banking system (part private/part government). Each member Bank of the Federal reserve System takes directions from the  Board of Governors who are appointed by the President and confirmed by the Senate.</description>
		<content:encoded><![CDATA[<p>&#8221; The Federal Reserve is neither Federal, nor a reserve. It is a private bank that was established in 1913&#8243; </p>
<p>Actually the Federal reserve is a quasi-public banking system (part private/part government). Each member Bank of the Federal reserve System takes directions from the  Board of Governors who are appointed by the President and confirmed by the Senate.</p>
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