All Commentary
Wednesday, March 23, 2011

Fed Pays Record Amount to Treasury


“The Federal Reserve is paying a record $79.3 billion to U.S. Treasury after the central bank earned a record amount of money last year from programs aimed at boosting the economy.” (USA Today)

More mischief money for the government.

FEE Timely Classic
“Easy Money: Prelude to Recession” by Brian Summers