I do have to say that I think that President Obama is the greatest President in the history of all of our Presidents, and that he can do no wrong in my book. So how's that for prejudice on the Democratic side?
Sometimes a week might go by when I don't think about that game, but I don't remember when it happened last.
And let the Fed sell bonds to bring bank reserves back down to required reserve levels, so we have restraint on bank lending and bank issuances of liability.