In truth that's what it should be called since it's all concentrated on pulling all the bad mortgage loans out of the economy, which was given by banks forced into giving subprime loans by Barney Franks and other Democrats during the Clinton years. It began to build in the Clinton years, continued across the Bush years, and began to collapse as Obama took office. It should be called the Big Coverup, but I'll settle for everyone realizing it's the Federal Reserve bailing out the Democrats, which of course we all will have to repay one day in taxes.
Bernanke and his Helicopter of money.
."The Committee agreed today to increase policy accommodation by
purchasing additional agency mortgage-backed securities at a pace of $40
billion per month. The Committee also will continue through the end of
the year its program to extend the average maturity of its holdings of
securities as announced in June, and it is maintaining its existing
policy of reinvesting principal payments from its holdings of agency
debt and agency mortgage-backed securities in agency mortgage-backed