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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Giordano Bruno who wrote (390129)	7/9/2009 2:22:59 PM
From: Real Man	Read Replies (1) \| Respond to of 436258

Bummer! We don't need no stinking stimulus. Oh, and foreigners sold the stinking MBS, which is why there is such a program. -g- "The Congress, however, has purposefully--and for good reason-- excluded from the scope of potential GAO audits monetary policy deliberations and operations, including open market and discount window operations, and transactions with or for foreign central banks, foreign governments, and public international financing organizations. By excluding these areas, the Congress has carefully balanced the need for public accountability with the strong public policy benefits that flow from maintaining the independence of the central bank’s monetary policy functions and avoiding disruption to the nation’s foreign and international relationships." federalreserve.gov