On Tue, Jan 12, 2010 at 10:39 AM, raghu <[email protected]> wrote:
> The Fed supposedly made a $52B profit on its purchases of Treasuries
> and is making a big show of returning $46B to the US Treasury.

The Fed purchased a lot of other assets, right? besides that -- and
the big PR spin on paying the Treasury -- there's nothing new here.

On auting the Fed, I agree with Ron Paul.

-- 
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
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