That kind of rounds it off after yesterday's 4.6 trillion. We're talking economy and bailout rescue cash and credit, don't you know?
There has never been a more urgent need for a public clamor for information and explanation of the actions of these financial powers who assume authority to act in our name.
Who are the people doing this and what are they up to? To think that The Fed can toss around two trillion dollars and refuse to name the recipients ought to jar the complacent and apathetic folks who populate this land. But that's not all - they doubled down, twice.
The dollar is being defaced by wild and unbacked currency creation. Our creditors have to wonder.
In the Great Depression, The Fed virtually killed the economy's recover by retracting the supply of currency. Now, in this time of credit freezes, job losses and investors' panic, The Fed goes far beyond too far in the other direction.
Intervention is much worse than inaction when it comes to markets and corrections in the economy. The guvmint should keep its filthy hands off.
Meanwhile, call the cops, wring your senator's neck, storm the Bastille, do something.
It's all so simple.
Wednesday, November 26, 2008
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