From Counter Punch
By Shamus Cooke
''The coast is clear, the media tells us; economic
disaster has been averted. The Euro Zone is finally stable and the U.S.
economy is recovering. Whew!
Why, then, are government policies internationally still pursuing
extremist measures? In the U.S., a third round of excess money printing
—called Quantitative Easing — began recently in which banks are directly
profiting by unloading their toxic mortgages on the Federal Reserve’s
balance sheet (another backdoor bailout paid by taxpayers).''
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