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Another way has been through the Federal Reserve, via the alphabet soup of "lending facilities" which basically amount to the Fed trading cash for what is potentially garbage: the TAF, TSLF, PDCF, AMLF, CPFF, and MMIFF. Unless I am mistaken, this takes the trash off the balance sheets of t...
I am thinking about the millions of workers who were cut loose by their partners, their government, their businesses, their bosses, their schools, institutions. The rope has been cut. How did this happen. When did it happen? Was it the crash or the Mad(off) men or the shock and awe of the (don'...
Sat, Jan 30 | from Huffington Post