Why is it that the Fed has to beg and borrow from banks today from SOCIALIST countries in Europe?

Question

and Canada when the Republicans tell us that socialized medicine will bankrupt us here in the U.S.? Why are they so rich and we are so poor?

Answer 1

what the fed is doing is itself a socialist move.

they are interfering with the free movement of the markets.

they want banks to loan money to one another again, which the sub-prime crisis has put a slow down to.

i say, let it happen and stop this socialistic interference in the free market process...

Answer 2

I think you need to read up on economics.