On Mar 9, 2009, at 3:42 PM, Patrick Coskren wrote: > We've discussed before how that $10 trillion number is bogus. It > includes the balances of all accounts covered by FDIC, that is, the > first $250,000 of every consumer bank account in America. The only > way it'll be spent is if every bank in America defaults on the value > of every savings account. If that happens, we'll have bigger > problems. > > I agree on the point about Federal Reserve secrecy.
Well said. --- Just because they're good at propaganda doesn't mean we have to be good at stupid. -Marty Kaplan _______________________________________________ OSX-Nutters mailing list | [email protected] http://lists.tit-wank.com/mailman/listinfo/osx-nutters List hosted at http://cat5.org/
