Nelson Hultberg is always worth reading, for his logic and clear thinking.
The article makes a lot of sense to me I certainly don’t see the fed acting as an independent agency.
This article is another one that points it out and if you remember the other articles about our debt being monetized this one mentions that as well.
http://www.marketoracle.co.uk/Article16047.html
Monetization here
http://www.freerepublic.com/focus/f-news/2415145/posts