FED TO BUY MBS UNTIL THE SURI CRUISE ADMINISTRATION IN 2028

The Fed goes in for QE 3, looks like $40 billion in purchases a month of mortgage backed securities.  Open-ended!

Zero bound interest rates language extended to 2015.

Buy corn dipped in silver, rolled in platinum.

Republicans will go apeshit tonight on the evening news programs, I believe.

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Lil Weezy says this is a gamechanger and different from all other Fed programs thus far.  (BusinessInsider)

 

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