Fed Preparing For US Default Says Plosser

http://www.zerohedge.com/article/fed-preparing-us-default-says-plosser

That giant whooshing, and humming, sound you hear are all the printers at the basement of Marriner Eccles getting refills and start the warm up process. Because according to the Fed Charles Plosser the Federal Reserve is actively preparing for the possibility that the United States could default. Which can only mean one thing: an immediate paradrop of millions of $100 bricks to every man woman and child in the US since as we all know by know Tim Geithner has repeatedly confirmed the Treasury has absolutely no default plans. None.

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http://www.zerohedge.com/article/fed-preparing-us-default-says-plosser