It comes as no great surprise that Rick Santelli isn’t a big fan of the latest round of quantitative easing. The CNBC analyst tells Pimco chief Mohammed el-Arian that the QE3 will hammer retirement plans and the most responsible savers, and won’t solve the problem that the Fed wants to address — joblessness Read on via Hot Air
As much as I disagree with Ron Paul’s foreign policy you gotta know he’s spot on when it comes to the Fed.
This chart says it best. See if you can guess when the Fed was created.