Cullen Roche on Europe Swaps, the Fed vote and potential US taxpayer losses

"This ...is not risk-free for the Fed." Don't steal from my kids?

"This ...is not risk-free for the Fed.

Dear Ben Bernanke; Don't steal from my kids?

The Fed did the Europeans a favor.

Joseph Gagnon

former Fed official

"The central banks of the wealthiest countries,
trying to prevent a debt crisis in Europe
from exploding into a global panic,
swept in ...by making it easier
...to borrow American dollars.

With what money from where?

A Comment Deleted and then put back by the "Man" at a New York Federal Reserve Blog Post

Experience shows that what happens

is ...the thing against which one has not made provision

in advance.

John Maynard Keynes

"The excuse that most other professional forecasters
didn’t foresee
it is just that, an excuse.

Occupy Tea: "More Than 500 Injured...in Renewed Protests "

"...security forces blocked roads leading to the interior ministry
to stop the protesters from advancing to the ministry’s building,
and at least nine policemen were injured...
Security forces used tear gas and rubber bullets...