Yahoo! News By Pedro Nicolaci da Costa December 12, 2012
The Federal Reserve is expected to announce a fresh round of bond buying on Wednesday as part of its efforts to support a fragile economic recovery threatened by political wrangling over the government's budget.
The central bank looks certain both to extend its purchases of mortgage-backed debt and replace another expiring stimulus program with a new bout of money creation.
Policymakers are also likely to repeat a pledge to keep buying bonds until the labor market outlook improves substantially. A drop in the jobless rate to 7.7 percent in November from 7.9 percent in October was driven by workers exiting the labor force, a fact certain to disappoint the Fed.
Ever notice how almost every article written about the private global banking cartel (i.e., the "Federal" Reserve) always paints them as the "above it all White Knight?" Some of the vilest propaganda that the public is exposed to on a daily basis. It makes me feel like I've woken up and found out that my name is Winston Smith!
Quote: FP123 wrote in post #2Ever notice how almost every article written about the private global banking cartel (i.e., the "Federal" Reserve) always paints them as the "above it all White Knight?" Some of the vilest propaganda that the public is exposed to on a daily basis. It makes me feel like I've woken up and found out that my name is Winston Smith!
RIGHT'S RIGHT 
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Wed Dec 12, 2012 7:31 am
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