Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 690.38

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Dec 24 4:00 PM EST

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To: GROUND ZERO™ who wrote (44928)	1/30/2013 2:29:01 PM
From: Fiscally Conservative	Read Replies (2) of 220666

GZ: How can the Fed be doing that without accountability; "the FED is printing that money and giving it to the banks so they could swap out their bad housing debts" Who is now holding the bad housing debt ? My understanding is the Treasury is printing and giving the money to the Fed who in turn is giving it to the banks and the taxpayer is on the hook. The Fed is currently $ 3+ Trillion in the hole by their own accounting standards which means the Treasury has printed $3+ trillion and has given it to the Fed. The question arises how they crooks plan on dealing with the accounting ? And nobody is talking about that, and I mean nobody!!

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