why didn't the fed handle all this by itself ?
i realize the debt created by using the treasury allowed the elite to squeeze the fiscal space some
but is it simply a matter of concealing the full capacity of the Fed much like the EB has convealed its full capacity to "solve" the piigs sovereign crisis ?
wrewer there fears of a congressional demogogic run at the fed
better it be the treasury too ?
at least why didn't barry say to gentle ben
no tarp II you take it from here
