Politics and Money

[benzdealeror2]

FACT:

The Fed’s asset purchases will remain divided between $40 billion a month of mortgage-backed securities and $45 billion a month of Treasury securities. The central bank also will continue reinvesting any Treasury securities that mature and will reinvest its portfolio of maturing housing debt into agency mortgage-backed securities.

A De facto, continuing criminal bail out of the 1%'ers

Real smart, eh?

http://www.bloomberg.com/news/2013-01-30/fed-maintains-85-billion-pace-of-purchases-as-growth-pauses.html