Fed Saves Euro

With the private sector investors running from the Euro, our central bankers take the decision out of our hands. Go ahead and pretend that they are private bankers. It is true of the profits. But the Fed is, in reality, an unaccountable branch created by our government so the unelectable could to the indefensible.
Fed saves Europe’s banks as ECB stands pat – Telegraph:: www.telegraph.co.uk/finance/financialcrisis/892698….html

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