Weitz Law Firm - 520 Kirkland Way, Ste 103 - Kirkland, WA - (425) 889-9300

Thursday, February 10, 2011

Fed Up with the Fed

Ben Bernanake (Head of the Federal Reserve) comes out today and defends printing money policy in front of Congress. To sum up - we print money, we send to Wall Street who gambles with it, and pays themselves huge bonuses while the rest of America continues to deteriorate as the job and housing situation continue fall apart. Meanwhile, interest rates remain are un-naturely low which deprives any folks looking for risk free investment, and the value of the dollar continues to fall so we can all get squeezed by the rising cost of commodities like food and gas. Great plan if you work on Wall Street....not so great for everyone else.

Thanks Dylan for getting this out to the masses!

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