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IPFS News Link • Federal Reserve

US Senator Demands A Federal Reserve Bailout Of Greece

• Prison Planet

And yes, socialists are known to demand for bailouts – in fact the more often, and the more frequently, the better .

And yet, perhaps in asking for a Federal Reserve bailout of Greece, everyone's favorite Vermont socialist does make some sense: after all if the Fed is bailing out European banks, and just European banks, on an ad hoc basis, and usually quite well hidden (see for example: "How The Fed's Latest QE Is Just Another European Bailout"), does it really matter if the Fed spends what amounts to one daily POMO amount to save some 11 million Greeks?

In retrospect it may be the most "social" thing the Fed will have ever done.


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