Here at IRREVERENT we give Large Banks of America, (not Bank of America) lots of grief. You'd almost call us progressives. Or lefty commie bastards. The deal though is that we're just anti stupidity and crime. The problem is that none of us has advanced degrees in economics, finance, forensic accounting, and con artistry. I know that seems self-evident. I mean if we did this conversation, if it were happening at all, would be happening in a whole different venue, like Davos. Instead we have to rely on others to explain this stuff to us. As a public service, I'm going to clue you in to a great video that explains all you need to know about quantitative easing, the Fed's brilliant idea to shovel even more of your tax money into the vaults at Goldman-Sachs.

Now I was turned onto this video by my boy, Matt Taibbi and his blog at Rolling Stone. I'm sorry Matt, but I'm not going to link to you. Once again, you gots all that mad Rolling Stone cash while we're just trying to shift a few t-shirts. Like Amazon, we like the peeps to get all their edification from one source....us.

Anyway, watch the vid. It could use some background music but you'll still get the idea.