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ALG's Daily Grind - Commerce Bancshares CEO suggests $30 trillion Fed expansion

Feb. 4, 2013

Commerce Bancshares CEO suggests $30 trillion Fed expansion

The proposal, if real, would entail monetizing 100 percent of the $16.4 trillion national debt, buying as much federal government agency debt as could be mustered, and then, for good measure, buying corporate debt, equities and whatever else the Federal Reserve could get its hands on.

Unemployment increases yet again

The number of Americans reporting that they are unemployed has increased by more than 330,000 people or roughly the equivalent of the entire population of Cincinnati, Ohio since Obama was reelected in November. ??

Kessler: Obamacare's Broken Promises

"Every one of the main claims made for the law is turning out to be false."

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