Are Progressives Seriously Defending the Federal Reserve?


David DeGraw
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November 19, 2010

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This is just a quick note that I need to write to keep my head from exploding. I’m not going to name names, but you know who you are.

Watching Progressives defend the Federal Reserve is one of the most horrifying developments I have seen, and we all know how horrifying things currently are. Just because some Republicans have come out against the Fed’s QE2 policy, doesn’t mean that you should think the policy is a good thing.

Don’t be such a reactionary partisan hack!

Do you know anything about economic policy? Do you know that we live in a global economy? Do you have ANY understanding of our current economic crisis?

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Do you know that the Federal Reserve is the main reason why we are in this mess?

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