Federal Reserve Expert Reveals How Bank Regulations Failed in Segment #1 on Full Disclosure Network(R) Internet TV Series
WASHINGTON, Nov. 5, 2014 /PRNewswire-USNewswire/ -- FDN Presents Federal Reserve Expert Vern McKinley author of "Financing Failure" featured in this 2 min video Preview of Segment 1 of 9 from the Full Disclosure Network(R) Special Series on the Federal Reserve System. McKinley served as Policy Advisor to Central Banking Officials and foreign governments describes his experience working for the Federal Reserve System and Resolution Trust Corporation. He blames government for initiating problems where the Federal Reserve did not do their job of overseeing the economy and keeping the monetary policy steady. He cites the periods from the depression and into the late 70's and 80's that led to the failure of the Savings and Loans. He covers the early 1990's til now where the home ownership was pushed and led to foreclosures. He says the Bush and Clinton policies pushed Fannie Mae and Freddie Mack to boost homeownership The Federal Reserve led this by easing monetary policy leading to encouraging people to take on (questionable) mortgages Watch the full 9 minute segment here http://www.fulldisclosure.net/2014/11/fed-expert-reveals-bank-regulators-failed-662-1/
The News Behind the News:
The Emmy Award-winning Full Disclosure Network(R) is "the news behind the news," focusing on the crucial issues confronting the U.S. today. Experts in diverse fields present their observations of local, state, federal and international actions and laws that directly affect the public. The wide range of subjects include Judicial Malfeasance, the Rule of Law, Educational and Political Interviews, Police and Sheriff's Departments, Immigration Reform, and many more informative, one-on-one interviews. Since 1992, the Full Disclosure Network(R) programming has been featured on public cable channels and on the Internet at www.Fulldisclosure.net
What Is The Full Disclosure Network(R)?
For more information about the program and Emmy Award-winning Producer/Host Leslie Dutton and Producer TJ Johnston visit this URL:
http://www.fulldisclosure.net/wp-content/uploads/2013/04/OnePagerForReleases4-14-13.pdf
Related Videos From the FDN Federal Reserve Series:
- Federal Reserve Bank Examiners: Never Met Loan They Didn't Like #656-1
http://www.fulldisclosure.net/2014/07/federal-reserve-bank-examiners-never-met-loan-didnt-like-656-1/ - Federal Reserve Historian Warns Of Power Politics #655
http://www.fulldisclosure.net/2014/06/federal-reserve-meltzer-655/
Contact: Leslie Dutton: Full Disclosure Network 310-822-4449
SOURCE Full Disclosure Network
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