Wednesday, January 13, 2010

The Three-Pronged Attack on the Fed

http://www.minyanville.com/articles/Mish+Shedlock-AIG-bailout-fed-bernanke-FCIC-goldman+sachs/index/a/26362

Mish fails to mention that it's a disposable diaper, they hold more you know, with less leakage, and at this point it actually looks more like the size of a depends, in more ways than one.
We have a right to know what's in that crap filled diaper and to change it.



The Fed is pulling out all stops to defend its secrets, including publishing self-serving mathematical gibberish. Please consider the St. Louis Fed article on the Social Cost of Transparency.

(Editor's Note: See also, Everything You Need to Know About the Financial Crisis Inquiry Commission.)

Unless you're an academic wonk, you'll be stymied by pages that look like this: