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Fed Offical Admits Quantitative Easing = Bankster Bailout

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Author Topic: Fed Offical Admits Quantitative Easing = Bankster Bailout  (Read 109 times)
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« on: November 12, 2013, 12:57:29 pm »

Although this was printed in the Wall Street Journal, and although this guy waited until he left the Federal Reserve and it's super-secret conference room, he finally admits the Fed had no intention of helping anybody but the banks.

As a blogger at Firedoglake put it, he admits to "Socialism for the Banks."

See here:

http://online.wsj.com/news/articles/SB10001424052702303763804579183680751473884?mod=rss_opinion_main&wpisrc=nl_wonk
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