They got fined for doing what the Federal Reserve gets paid to do. Any time they add or remove liquidity to or from the system, they are engaging in currency manipulation.
One would think the responsible thing to do would be to pay down some of that debt with the money. It is more probable that the money will just disappear, probably to fund some pet project of some crony. Solyndra comes to mind.
Paying down the debt is common sense, but totally laughable in our time considering the morons that are in the pockets of the lobbyists and the banksters behind the curtain on crapitol hill.
It would be helpful to look at this extortive behavior as The Mafia Goes To Washington. Barack's gang is just dividing up the spoils Only FOB need apply. The rest of us not only get nothing - we and our progeny will pay for their criminal acts in higher taxes and property seizures.
Unless we or our progeny discover our intestinal fortitude and respond with measures appropriate to the crimes being committed against the sovereign people.
Bread and circuses my friends, bread and circuses. The powers-that-be distract the lemmings with shiny trinkets, and they go happily along into the cage.
AS Chapter 3 White Blackmail Francisco "Ask yourself where their code is leading you and what it offers you as your final goal. A viler evil than to murder a man, is to sell him suicide as a virtue. A viler evil than to throw a man into a sacrificial furnace, is to to demand that he leap in, of his own will, and that he build the furnace, besides."
Many Americans have been sold this evil and have gladly purchased it of their own will.
The world was not designed for the self aware.
Many Americans have been sold this evil and have gladly purchased it of their own will.