It turns out that the Fed has been soliciting opinions on QE directly from the supposedly independent, private sector primary dealers.  This Bloomberg article explains what's been going on behind the scenes.

This Zero Hedge piece explains why this is, quite clearly, treason.  It also dovetails very nicely with the piece that I wrote earlier today on QE.  Still think your vote in the upcoming election actually makes a damn bit of difference?  Unless the new Congress gets serious about tackling the Fed/Banking oligarchy (and right away), your vote is meaningless.

The time for dicking around with social policy and other side issues is over.  You can demand that your representatives get off their pork-filled asses and deal with the real problems or you can kiss the USA goodbye.

Posted by: Hermit Dave at 09:54 PM | No Comments | Add Comment
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