“Federal” reserve still pumping billions into european banks

“The U.S. Federal Reserve has been pumping billions of dollars into the European banking system in recent weeks in an attempt to help stabilize the continent’s financial crisis. And while the effort remains small, it is likely to grow in coming days as Europe’s banks struggle to find lenders willing to help them service their dollar denominated debts.”

http://news.yahoo.com/u-federal-help-save-europes-banks-100000042.html

Is the USA a european colony all over again?  I thought we’d settled that in 1776 …

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