'Nuff said.

Jim,

The Fed is pumping out about $85 billion per month, which equates to over a trillion dollars a year.

Think about this…

They could take that trillion a year and pay corporations to take on new employees at $50,000 each per year.

That means they could put 20 million people back to work IMMEDIATELY!

Those workers would then be off the unemployment and other government subsidized payrolls and be able to spend their earnings to stimulate economic expansion. Quite simple really.

Instead, the trillion a year is going into buying trash mortgage back securities off the banks’ books, as well as treasury bonds. All in an effort to clean up the banks’ balance sheets under the guise of keeping nominal interest rates at historic lows for “the benefit of Main Street.”

Just a thought.

CIGA Wolfgang Rech