They're stuffing the holes with worthless paper, i.e. the dollar. Where the fuck are thy getting the 200 billion? Oh, a treasury auction. Goodbye dollar, 5.00 gas this summer, inflation will go out of control.
The fucking fed doesn't get it. IT IS NOT THE ROLE OF THE FEDERAL GOVERNMENT TO MICROMANAGE THE ECONOMY. THAT IS COUNTERPRODUCTIVE TO CAPITALISM. THE ECONOMY WILL FIX ITSELF, OVER TIME, AND RECESSIONS ARE A NECESSARY PART OF LONG TERM ECONOMIC GROWTH. THE ONLY ROLE OF THE FED IS TO KEEP INTEREST RATES AT A POINT THAT BALANCES GROWTH AND INFLATION.
If they don't cut this shit out, we will have consumer inflation in the us and devaluation of the dollar overseas. By the time all is said and done, the dollar may be worth less than the peso. At lest we'll solve the illegal immigration problem.
Buzz
