Fed to put $900 Billion into US Banking System

"The Federal Reserve last night was weighing a plan that would in effect make it a major funder of a wide range of U.S. businesses facing imminent cash shortages. The Fed also said yesterday that it would push $900 billion into the U.S. banking system, a six-fold increase in its program of lending money to banks."

http://www.washingtonpost...

Another day, another hundred billion dollars created out of thin air. How the hell is this sustainable? This is outrageous.

I was talking about the economy with my mother-in-law last night. She REFUSED to believe me when I told her our currency is backed by nothing. Amazing how they intentionally keep this fact out of the education system and the media and keep Americans in the dark about how FUBAR the global financial system is.

Sorry between this and the bailout, I need to rant.