"The Federal Reserve is strongly committed to financial stability and is considering several options, including extending the duration of our facilities for primary dealers beyond year-end..."
Gee, isn't that comforting commentary from bailout Ben today in Virginia... He is already on the public record stating that the Fed can drop money from helicopters, so this confirms the trend of his politization of the Federal Reserve.
It's a good thing that his easy money political policies will be gone at the end of his term (which incidentally run out at the end of 09' as well).
KM
Gee, isn't that comforting commentary from bailout Ben today in Virginia... He is already on the public record stating that the Fed can drop money from helicopters, so this confirms the trend of his politization of the Federal Reserve.
It's a good thing that his easy money political policies will be gone at the end of his term (which incidentally run out at the end of 09' as well).
KM