http://finance.yahoo.com/news/Fed-launches-new-200B-apf-14525219.html

I have to laugh at an old saying we used to use
"Payback is a bitch"
That's exactly what we're going through right now
And it's quite apparent the FED has a screw loose.
If we have to much debt to pay for now, how the hell are we supposed to pay back more?
And they run this country lol
Now that's enough to make a person sick



The Federal Reserve on Tuesday rolled out a much-awaited program aimed at boosting the availability of credit to consumers and small businesses.

The Fed will lend up to $200 billion to spur consumer lending -- for autos, education, credit cards and other things. The bold program, dubbed the Term Asset-Backed Securities Loan Facility, was first announced late last year and originally scheduled to start in February.

Participants -- companies and investors that pledge eligible collateral to back the loan -- must request the new government loans by March 17. The Fed will provide the three-year loans on March 25.

The Fed said the program has the potential to generate up to $1 trillion of lending for businesses and households.