The Fed

I know you have no interest in this stuff but you might want to take a few minutes to read this article. It is truly a fascinating look at what the Federal Reserve is doing. Bernanke will go down in history for sure. I’m not sure as what. Either the father of central banking or a collossal failure. But its all playing out right now.

Meanwhile we have unprecedented growth in government and public debt that is choking our economy. Congress just increased national debt cap by 1.9 trillion to get us through this year. The entire Federal budget in 2001 was 1.9 trillion.

We are living in interesting times.


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