[ame=http://www.youtube.com/watch?v=pE3oiKuU8UI]YouTube - Rep. Alan Grayson: You Own the Red Roof Inn, Thanks to the Fed[/ame] What an excellent speech from Grayson! Also, make sure to keep an eye out at the very end where the other politician tries to disassociate himself with what Grayson said.
Normally I really can't stand Grayson, but he is spot on. The fed is only supposed to hold the highest levels of debt securities. Why the fuck did the fed end up own RED ROOF INN securities? If they'd bothered staying in one, they would have known bankruptcy was inevitable.