Quoted Text

Federal Reserve Officials Warn Of Looming Economic Crisis
AP  |  By MARTIN CRUTSINGER
Posted: 07/11/2012 2:02 pm Updated: 07/11/2012 3:54 pm

WASHINGTON (AP) — The Federal Reserve is open to taking further action to support the struggling U.S. economy. But minutes of the Fed's June meeting show policymakers at odds over whether the economy needs more help now.

A few members said the economy may already require additional support. But several others noted that further action "could be warranted" if the recovery lost momentum, if risks became more pronounced or inflation seemed likely to run below the committee's target.............................>>>>.................>>>>........................http://www.huffingtonpost.com/2012/07/11/federal-reserve-economic-crisis_n_1665624.html

Maybe the truth is the Fed doesn't have a clue of how to get the US out of the mess the country is in.

the ONLY way out is to 'change' the fiat system....

no more cash $$ just cards with units/value/rating #'s.....

those on welfare have been doing it for years.....

LINE UP FOR YOUR CARD AND #'S BASED ON YOUR MOODY'S VALUE....PAAAAAYYYY ATTENTION......

they will 'change' trade but they will remain the same.....