Posted by Mark at 9:50 AM TweetThis
This Bloomberg Markets piece on the action's of the Federal Reserve, in secret, should be required reading for every American citizen. While 'too complex' for the masses, what is going on in the back halls of D.C. is simply amazing. Bloomberg has been fighting for two years through Freedom of Information acts to get to the data - thankfully some parts of our press are not completely owned and paid for by the corporatacity (yes, I'm making up words). As with almost everything else in this country, the numbers are so large as to escape comprehension - at this point the Fed could be handing out $500 quadrillion, and it would not make that much of a difference in terms of impact to the psyche. TBTF lives on.....
Quite a lengthy read so I encourage the full review, but some snippets:
http://www.fundmymutualfund.com/2011/11/most-important-story-of-past-24-hours.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+FundMyMutualFund+%28Fund+my+Mutual+Fund%29
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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