And Hilarity Ensued

The Federal Reserve of the United States plans a quantitative easing, not QE3 but QE2a. If anyone is smart enough to explain the mechanism of how this will rescue the US economy, please share in the comment section. The plan such as it is may be seen here on CNBC in an article by Patti Domm: http://www.cnbc.com/id/44556652. The plan reeks of smoke and mirrors and continued deceit in an attempt to prop up public confidence.