Federal Reserve announced plans to unleash more stimulus Thursday, Sept 13, 2012 in its third attempt at a controversial program to rev up the U.S. economy. The policy, known as quantitative easing and often abbreviated as QE3, entails buying $40 billion in mortgage-backed securities each month. The end date remains up in the air, as the Fed will re-evaluate the strength of the economy in coming months. And most importantly this includes your house mortgage, and your house will be owned by the Federal Reserve. The Federal Reserve will own your house. The Federal Reserve is not an Agency of the Federal Government and is a private corporation! If everyone really knew this, there would be riots. The american people have done nothing & don't comprehend what is going on.
