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As the smoke cleared, Harry Veeder <[email protected]> mounted the barricade and roared out: > > Just in from the Wall Street Journal: > > > > > The Federal Reserve said Wednesday it will buy up to $300 billion in > > > longer-term Treasurys > > > > When the Fed buys treasuries they do it with "new money", "high > > poweredmoney", "magic dollars". Whatever you care to call it, it > > means that > > they create the money out of thin air. In fact, as far as I know, > > thisis the only way the U.S. government currently has for creating new > > money; everything else is just transfer payments. > > If only it were created out of thin air. > In fact it is being taken from your grandchildren and greatgrandchildren. > Harry And that's why we're having a revolution, mister: we're not going to put up with this crap any longer. - -- grok. - -- *** FULL-SPECTRUM DOMINANCE! *************************************** * In advance of the Revolution: * New Orleans & The Gulf Coast: * * Fight the Man! * The frontline of the Classwar * ***** Critical endorsement only **** Most sites need donations ***** * http://www.commongroundrelief.org Common Ground Collective * * http://www.communitylaborunited.net Peoples Hurricane Relief Fund* * http://justiceforneworleans.org Justice For New Orleans * * http://neworleansnetwork.org New Orleans Network * * http://www.katrinaaction.org Katrina Action network * ****** It's not "our" government -- It's "their" government ****** GPG fingerprint = 2E7F 2D69 4B0B C8D5 07E3 09C3 5E8D C4B4 461B B771 -----BEGIN PGP SIGNATURE----- Version: GnuPG v1.4.9 (GNU/Linux) iEYEARECAAYFAknC2d4ACgkQXo3EtEYbt3HjfwCfdvSq/sKo4zPkwX6wXSLYBYvq Gt4AnRMriYwd0PpNTBt9/x30sW8c0JSj =LKbR -----END PGP SIGNATURE-----

