A Brave New World

In an unforseen move this week, the federal reserve, on its own, expanded its role from the guardian of the bank system to also be the fairy godmother of wallstreet.

Out of the blue, they doled out billions to wall street financial firms in what they hope is a gigantic "do over." This amongst the other recent never ending streams of never done before fed moves just screams out that there is some serious, SERIOUS, sweating going on at the upper levels over our financial system.

So before too many people go "can they do that" and "is this legal" and "who gave them this authority", I hear on monday that they will be scrambling on capital hill to make this look,seem, tidy-er, than it has been.

No matter what the fed, and all the kings horses and all the kings men, it will not stay Gods hand from directing the course of nations.