James Quigley’s Campaign Update

I apologize for the old news in this weekly update. I wrote the newsletter on Friday and the campaign team spent the weekend putting it in the proper format. We had not anticipated that the Greek bailout would go from the proposed $60 billion to $1 trillion over the weekend. The Federal Reserve opened its currency swap window right after this announcement, and the European Central Bank cannot print money as easily as the Fed. At this time, we have no idea how much of the $1 trillion is going to be funded by the US taxpayer and we will most likely not know until we audit the Federal Reserve. Congress needs to reign in the Federal Reserve System now!

James Quigley


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