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<p>[QUOTE=&quot;phubanks, post: 833677, member: 23286&quot;]<b>&quot;The Federal Reserve and US Treasury financial engineers are much smarter&nbsp; than people give them credit for&quot;</b></p><p><b><br /></b></p><p><b></b>This cracks me up!&nbsp; Yes, that&#039;s why those bozos completely missed the subprime crisis. In August Benanke says the subprime crisis is contained and our biggest threat is inflation ... two weeks later ... we have the biggest financial crisis in the history of the planet.&nbsp; They write AIG a blank check and give away money with no strings to all those financial institutions under the guise that they need money to loan out to mainstreet ... as soon as the banks get the money they buy t-bills at 3 percent and pocket the profit.&nbsp; Right ... the fed is made up of a bunch of geniuses.[/QUOTE]</p><p><br /></p>

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