Asbytec

Can Obama Make Sense of All This Debt?

Freefall, what you say is true. That's the ugly part of bail outs...with the consumer's tax money. If you're not angry about it, you're hiding under a rock.

But, I think I understand what the Fed is doing. They will not let the financial system fail regardless of cost. This will help us stave off a depression.

Where do you think the Fed got $2tn shadow money? From the very people who do not want to see the banking system collapse. The real power brokers.

Anthony, yep. The federal debt has taken a back seat for now. But, unless I miss my guess, we'll come out okay after about 2 years of deep recession.

New monetary regulations will limit the money supply, and this spells good news for dollar assets long term. Well, in my dream world it does.