The USA is now bailing out Europe?

[redrumloa]

Just when you thought it could not get any worse...

http://www.jackliberty.com/fed-starts-p ... pes-banks/

The Federal Reserve has opened this Sunday a program to bailout an unknown number of Europe’s central banks.

Since the Fed is only a quasi-governmental agency, it does not have to disclose nor how much nor to whom the money is going, which means that the Fed’s friends (i.e. international bankers) will get all the dough while hardworking American taxpayers suffer through higher taxes and inflation.

Is there anyone left who doesn't think Obama should be recalled?

 

[Robert]

Is there anyone left who doesn't think Obama should be recalled?

I'd hazard a guess at several million people?

 

[Glaucus]

Is it a bailout or an opportunity to make a killing?

 

[smithy]

Nice one, US taxpayers. I can see plenty new carpets and furniture for all those already-luxurious public sector offices in France.

 

[faethor]

Afganistan and Iraq are over $1Trillion. With all the Countries in Europe that bail out is a steal.