The whole thing is one big scam. They knew what they were doing, they know what they are doing, they know where we are going, and none of us no shit.
Signs of thawing... " The Fed apparently felt comfortable enough with the current situation to reduce these balances by $126 billion during the week ended January 7. More than half of that reduction came from a reduction in the volume of term auction credit outstanding." http://www.econbrowser.com/archives/2009/01/signs_of_a_thaw.html Scroll down.