Memorial Day Weekend - Fed's Bad Memories
Posted On Saturday, May 23, 2009 at at 10:21 PM by Finance FanaticI just wanted to give a quick update and share with you some disturbing videos in regards to the management of the trillions of dollars we have seen spent the past few months. I have continually expressed my frustration with the government in the amount of money that has been spent so quickly and easily, without consequence. Hopefully, in the future, we will see more accountability than we have in the past and that the markets can naturally be restored to health and not artificially. The two videos below show just how disturbing it is that these people can spend trillions the way they do. Look for their phrase "off balance sheet transactions", or as we like to call it on this site, PPT.
I give much more of my opinion on today's premium podcast (subscribe here) posted today. Enjoy and have a great weekend.
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