Our new Socialist Overlords in the Federal Reserve feel that we don't need to know to whom they are loaning our money:
Fed Refuses to Disclose Recipients of $2 Trillion
Nice.
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3 hours ago
"You're stepping on the tail."
"I say, Shomes . . . How do you know all this furshluginer stuff?" |
1 comment:
I have also been informed by an computer science/economics buddy of mine that they are thinking of dropping the Fed rate to 0 (http://news.yahoo.com/s/nm/20081214/bs_nm/us_usa_fed_3). We are now doing everything that Japan did when they were in the same situation in the early '90s, which they still aren't out of. I would expect us to do everything they DIDN'T do.
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