Hello Rick :-) In that last article which was titled, " US Federal Reserve announces massive increase in government debt " there is this later in the article, " But the announcement that the Fed would inject up to $1.15 trillion in additional funds into the US financial system—essentially printing that amount of additional dollars... " which agrees with your point. This money that the FED " prints " out of the thin air of the digital world is now-a-days backed by nothing of intrinsic value except for the quickly diminishing confidence that the US will honor is obligations and debts. These trillions of increasingly printed dollars also will exacerbate inflation. For decades we have also been borrowing more trillions of " digits " from countries like China and Japan, etc to fund much of what this country is doing these days. Today on CNN they cited a figure of over 11 trillion as being the current national debt. But when government entitlement programs and other goverment obligations are considered, the actual national debt is over 60 trillion. Various articles are suggesting that this debt ( which continues to spiral out of control ) can never possibly be repaid, entitlement programs like social security will fail. Other articles say the US will relatively soon default on its national debt. We see that these trillions in FED printed money and more trillions of borrowed funds gets piled on the backs of the working class and their future generations as obligations for them to pay, while the American ruling class continues to rig the system in such ways that allow them to pillage and plunder the commons on a mass scale and avoid this debt. While the AIG bonus debacle and Maddoff's unprecendented sized Ponzi scheme are certainly worthy of great public angst, the trillions upon trillions which have been pumped by the FED into the system to save America's ruling class and their precious vehicles of plunder the mega banks is a monumental rip-off that makes the AIG and Maddoff thefts seem like a pittence in comparison. The US and world economies continue to head into the abyss, and all the FED bailout trillions have done is cover the asses of the Elite Pirates who's fraudulent economic systems brought us to these precarious economic times.