“I can only say: I’m sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the Fed’s first plunge into the bond-buying experiment known as quantitative easing. The central bank continues to spin QE as a tool for helping Main Street. But I’ve come to recognize the program for what it really is: the greatest backdoor Wall Street bailout of all time.”
http://online.wsj.com/news/articles/SB10001424052702303763804579183680751473884
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
New sanctions against North Korea after threat of pre-emptive nuclear strike
Stone Lion Capital Partners Suspends Redemptions in Credit Hedge Funds
RBS has lost all the £46bn pumped in by the taxpayer
NSA broke encryption on UN communications: report
HSBC won't give me more than £1k of my own cash over the counter
Republican Party of Texas Backs Marijuana Decriminalization
Canadian banks to be compelled to share clients' info with U.S.
Ron Paul on Cavuto 6/19/2013
NASA begins selling shuttle launch platforms
Egypt grants diplomatic immunity to military officers who led bloody 2013 crackdown
Levi Chavez, ex-New Mexico police officer, acquitted of wife's murder
China central bank suggests faster tempo for freeing yuan
Rocky Mountain high: Pot a $200M industry in Colorado
Wealthy Chinese gobbling up Silicon Valley homes
Germany Plans to Deploy Armed Drones