Just another Reality-based bubble in the foam of the multiverse.

Friday, July 22, 2011

no problem for the Austerity

This must have nothing to do with the deficit, it says so on the label:

...The U.S. Federal Reserve gave out $16.1 trillion in emergency loans to U.S. and foreign financial institutions between Dec. 1, 2007 and July 21, 2010, according to figures produced by the government's first-ever audit of the central bank...

So we can basically print- or create in cyberspace- as much money as it takes to keep the bank$ters happy. But we have to end science and let endangered species go extinct because it costs money. Besides, the money to pay for Halliburton's air conditioning bill in Afghanistan has to come from somewhere.

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