singular_me
23rd November 2013, 11:51 AM
years back I found that Whitney's columns quite good... maybe a little leftist but leftists always have good track records when they follow the money trail
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By Mike Whitney
Where's the Outrage? Fed Insider Exposes Giant Central Bank "Easing" Swindle
QE was a strategy to drain the ocean of red ink from bank balance sheets and restore them to profitability. What mattered was profits. Profits at the expense of employment, profits at the expense of growth, profits at the expense the nation's economic future. Profits, profits, profits. How can anyone fail to see that now? QE was a transparent ripoff from the get go, and the Bernanke Fed orchestrated the entire affair.
http://www.opednews.com/articles/Where-s-the-Outrage-Fed-I-by-Mike-Whitney-Bailout_Bankers_Banking-Fraud_Economic-131115-450.html
-------------------------------
By Mike Whitney
Where's the Outrage? Fed Insider Exposes Giant Central Bank "Easing" Swindle
QE was a strategy to drain the ocean of red ink from bank balance sheets and restore them to profitability. What mattered was profits. Profits at the expense of employment, profits at the expense of growth, profits at the expense the nation's economic future. Profits, profits, profits. How can anyone fail to see that now? QE was a transparent ripoff from the get go, and the Bernanke Fed orchestrated the entire affair.
http://www.opednews.com/articles/Where-s-the-Outrage-Fed-I-by-Mike-Whitney-Bailout_Bankers_Banking-Fraud_Economic-131115-450.html