How should American taxpayers feel about the decision of the U.S. Treasury to send $100 billion of newly minted FED money to nine of Wall Street’s biggest banks?
Perhaps this new strategy is an improvement upon last week’s Treasury brainstorms, but it is still $100 billion of inflation stimulating money that would not be needed if Wall Street had been a proper steward of its trust.
In evaluating the plan, Americans need to understand what $100 billion dollars buys in the real world [...]



