This blog will be devoted to exploring why cost-of-living allowances are necessary for working people, and why the world's largest financial institutions are trying to take them away from us.
Frederick Douglass
"Power concedes nothing without a demand. It never did, and it never will. Find out just what people will submit to, and you have found out the exact amount of injustice and wrong which will be imposed upon them..." Frederick Douglass
Thursday, July 21, 2011
Fed Preparing For US Default Says Plosser
But they will sneak in QE3 before the crash.
If it does happen, which I doubt, the reason can be summed up in a single word--China.
