On top of the unprecedented sum, the European Central Bank reversed its position of just a few days ago and said it would buy government and corporate debt. And the world’s leading central banks, including the U.S. Federal Reserve, announced a joint intervention to make more dollars available for interbank lending.
Several months ago, Alan Grayson was asking questions of Ben Bernanke,
Grayson -- like most people in Washington -- believes his own press clippings. In reality, the man is an idiot. But expect a "serious line of questions" from the Representative from stupidity over this one.