4.18.2011

The Fed Selling Put Options on "Own" Debt

Warning, the following provides the Feds own words to illustrate it's point:



And that point? We are soooooo screwed. Man that Fed is dirty.

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Democrats plan to repeal state and local tax (SALT) deduction limits

Democrats are talking about repealing the SALT limits. What nobody's talking about is that SALT is largely irrelevant to the middle clas...