by matttbastard
So, you know about the Treasury’s $700 billion bailout plan. But you probably don’t know that the Federal Reserve has lent out $2 trillion since September. Few do. And that is what’s irritating bulldog Congressman Alan Grayson. Will he be able to shed a light on the Fed’s secret spending?
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It’s going to come back to roost.
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It’s very interesting to hear the numerous explanations of why we should spend as much money as we are on stimulus. I’m not taking sides either way since I stick with economic news but how many of us can wrap our brains around “trillion?” On my site, I wrote an article explaining what the fed is and how it works. If your readers are unclear of how it works, I would invite them to stop by.
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