Add to the impressive decision list of the smartest political regime since oatmeal, this wonderful piece of news. The Fed has just dumped another $600 billion into that jagged, yawning sinkhole informally known as the U.S. economy.
This would seem to be a particularly hollow gesture, given the bounteous economic miracles already wrought by the supple hand of Lord Obama. But it gets better.
The paltry six-hundred-thousand million dollar infusion was done through a process . . . → Read More: Monetary Lapse of Reason