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01-13-2011, 02:03 AM #1
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THE FED HAS SPOKEN: NO BAILOUT FOR MAIN STREET
THE FED HAS SPOKEN: NO BAILOUT FOR MAIN STREET
Ellen Brown, January 12th, 2011
http://www.webofdebt.com/articles/nobai ... street.php
The Federal Reserve was set up by bankers for bankers, and it has served them well. Out of the blue, it came up with $12.3 trillion in nearly interest-free credit to bail the banks out of a credit crunch they created. That same credit crisis has plunged state and local governments into insolvency, but the Fed has now delivered its ultimatum: there will be no “quantitative easingâ€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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