Federal Reserve gives away billions to banks

Actually, it's more like they are paying the banks to take the billions. When they auction off $30 billion at 3.010% and inflation is running closer to 4%, they are acting the way the banks were acting towards home buyers leading up to the housing crash. It didn't seem possible that anyone could be worse than Mr Bubble, but Bernanke is indeed worse. Creating the bubbles of tomorrow, with your tax dollars.