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In order to demonstrate the value of money, I will show to the jury that he should know that the Federal Reserve has always intervened to protect banks from fraud because of the size of their business profits. The Bank of America, with its huge money market share in 2000 and 2000 and for about $35 billion a year, is the largest bank in the world today. And it is on the front line of the battle against the U.S. economy. Since the banking sector became the backbone of our economy in 2009, it has seen its income rise from over $10 billion to nearly $50 billion to 1 billion, according to the Federal Reserve’s statistics. I am skeptical that the Bank of America will be able to stand by while these statistics are taken with a grain of salt. I am also skeptical that it will have the capacity to respond with any sort of aggressive intervention to the financial crisis we have just seen. And finally I suggest that the Federal Reserve cannot be trusted to make the right choices about how to handle the problems its own bankers have created, while it can choose between the good and the bad. I support a stronger central bank with greater transparency on mortgage loans and tighter regulation of Wall Street. My support is for increased oversight by the Federal Reserve. The government, with the best of intentions, cannot be trusted to make any hard decisions over its own affairs when the federal government has never been involved in an internal crisis that has involved the Federal Reserve
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