Every month, 85 billion to bail out Euro banks. Money down a sh*thole. Delete this and keep your silly haircut posts, seems about right. Der.
Every month? why? Or is it simply payment for interest & principal on American bonds?
All part of QE2 and beyond... WSJ had this last week, showed back up in the news yesterday. Look for Foreign banks and Excess Reserves. All a gift from us taxpayers, should know where it's going.
Last month was a particularly good month for the Euros; we put in 237 Billion.