Federal Reserve:Printing Money-Buying MBS's

As we continue to hear the political drival coming out of politicians mouths about the economy coming around and prepared to grow, we get this great article from the Kansas City Federal Reserve President.

We are in serious trouble and it is going to be painful to get out of it! These little stories get buried because politicians don't want to hear (or tell) the truth. Politicians understand that "confidence" will get the economy moving. Unfortunately, politicians don't care if it is real confidence or false confidence. This article talks about the 'real' confidence...