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Rolling Stone: The Fed's Magic Money-Printing Machine, Act 2

It’s amazing, given the attention the Tea Party allegedly is paying to government waste and government spending, that there hasn’t been more controversy about the now-seemingly-inevitable arrival of “QE2” – a second massive round of money-printing cooked up by the Fed to prop up both the government and certain sectors of the economy. A more overtly anticapitalist and oligarchical pattern of behavior than the Fed’s “Quantitative Easing” program could not possibly be imagined, but the country is strangely silent on the issue.

http://www.rollingstone.com/politics/matt-taibbi/blogs/Taibb...



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We should take over the fed

make them announce QE2 as coming in 1 week and being "sufficiently large enough to make a difference" in a somber tone.

Then when that time comes, we announce that interest rates will rise by 0.25% per month until the market has recovered. Just think of all the traders and big bankers that will lose their shorts. (literally)!!

Great article!

Bump.

Great Article!

If only more democrats had supported Ron Paul's Audit the Fed bill we could have avoided this fiasco.

True enough!

I think now; however, it is time to push the Coinage Act of 1792 and hang these bastards (legally) for debasing our currency....

"Necessity is the plea for every infringement of human freedom. It is argument of tyrants. It is the creed of slaves." William Pitt in the House of Commons November 18, 1783
"I know major allies who fund them" Gen. Dempsey referring to ISIS

reedr3v's picture

bump

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