Work has had my nose to the grindstone (more as I can talk about it), so I've been ignoring the financial news as much as possible. Even so, the concept that the Fed is buying preferred stock in banks, even if they don't want it, is too much. Are these people really reading straight from the Communist Manifesto.
Furrfu, people! The Great Depression isn't a how-to guide! Let's see, prop up banks: check. Talk about protectionism, check.
What scares me is that it's the Republicans doing all this socialism, not the Democrats.
The whole world is turned upside down. It's a good thing I trust the Lord, because I sure don't trust my leaders.