I’m Fed Up

Today, in an article on Bloomberg.com, we learn how dire the economic situation in America will be thanks to some investigative journalism by Mark Pittman – there is even a quotation from a Democrat legislator saying the American people, “have been bamboozled.”  It’s a good read and can be a useful tool to share with someone who doesn’t know much about the role of the Federal Reserve:

Dec. 12 (Bloomberg) — The Federal Reserve refused a request by Bloomberg News to disclose the recipients of more than $2 trillion of emergency loans from U.S. taxpayers and the assets the central bank is accepting as collateral.   To continue reading, click here.

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