ha, avoid recession, I dont think he understands that the US is ALREADY in a RECESSION......
DeKaser Says Fed's Moves Will Help Avoid Recession: Video March 11 (Bloomberg) -- Richard DeKaser, chief economist at National City Corp., talks with Bloomberg's Betty Liu about the Federal Reserve's plan to lend up to $200 billion of Treasury securities in exchange for debt including private mortgage-backed securities and the possible impact on the economy and financial markets. The Fed set up a new tool, the Term Securities Lending Facility, to lend Treasuries to primary dealers for 28-day periods, through weekly auctions.