Cash down the drain

Cash down
the drain
The US Federal Reserve, in the past 12 months alone, bought more than US$1 trillion in US government securities. One trillion!!! Meanwhile, the government is spending $260 billion in interest alone to cover the cost of the national debt! Just the interest!!! And you wonder why we are doomed?

http://www.atimes.com/atimes/Global_Economy/KI11Dj06.html