Economics and Investing:

QE2: Many Americans Haven’t a Clue What It Means (Video)

OBTW, they also don’t know what “Keynesian” means. (Another brief video)

More Mainstream Media Nonsense: US Federal Reserve Decision Expected to Boost American Economy

B.B. sent us this: Freddie Mac Says Net Loss $4.1 Billion

Items from The Economatrix:

It’s All About The Dollar

US Pensions Reaching A Breaking Point?

US Federal Reserve’s Latest Bubble Threatens Mayhem

Fed Expected to Pump Up to $1 Trillion Into US Economy