What’s Really Behind QE2?

Ethical Markets Reforming Global Finance

More Good Sense from Ellen Brown.  Let’s Hope the US Can Really Focus on Direct Job -Creation  : for a start , to rebuild our infrastructure , invest in our  growing green sectors,  prevent  company subsidies to outsourcing and  curb the money leaving our country through Wall Street’s carry trade.  – Hazel Henderson, Editor

The deficit hawks are circling, hovering over QE2, calling it just another inflationary bank bailout. But unlike QE1, QE2 is not about saving the banks. It’s about funding the federal deficit without increasing the interest tab, something that may be necessary in this gridlocked political climate just to keep the government functioning. Read more…