All would agree that most of the Federal Reserve System was mainly designed before the dollar was the world currency, before the USA dominated capital markets (sic), and before USA financial dominance became as important to foreign policy, as the State Department and the Pentagon combined. There is a dearth of public serious discussions about much of the Fed being a dated anachronistic system: a system that outsources many national interest aspects of the financial system to private banking interests.

Many European countries without anywhere near the same power treat many policy areas handled by the Fed as a sole prerogative of government policy. My question: What if any serious schools of thought/action exists to assert government control over the National and Domestic policy effects of the Fed?

After the online college blog, a question generated in my brain that I have not been able to answer. Does a degree from a “for profit” college or university still hold water if the business has gone bankrupt? I know that credits from a accredited college will expire if not used to achieve a timely degree, but I am interested in validity after defaulting. Some job applications and all higher education applications require applicants to request a copy of the transcripts to be sent from the institution. What if the institution isn’t around anymore? I think this may lead to a pattern of administration credential fraud.