http://www.washingtonindependent.com/person/15437 Sat, 26 Apr 2008 14:22:03 GMT Comments by Gregg Senne <p>My first question is with what does the Fed purchase equity from the stock markets? Where does the money come from? Does the tresury issue bonds to cover the outlays? If so, do these bonds represent a 1:1 or fractional portion of the outlays? Something tells me the cost of this <span class="caps">PPT</span> is coming out of my pocket in principle and interest. This is one more reason the Fed should be abolished and the Treasury regain the power to issue currency without a debt burden. Call me old fashioned, but it worked for Lincoln.</p> http://www.washingtonindependent.com/view/the-plunge#content_19260 http://www.washingtonindependent.com/view/the-plunge#content_19260 Sat, 26 Apr 2008 14:22:03 GMT Gregg Senne