Rep. Alan Grayson: Thank goodness for all of the “stealth socialism” going on around here
...How big is the Fed balance sheet, $3 trillion?

[Rep. Alan Grayson] $3.5 trillion. We’ve had a government takeover of the bond market. Stealth socialism’s been created. Government simply ends up owning more and more and more. If government had taken over the steel industry, maybe it would have been more noticeable. They’ve taken over the financing of housing industry as well, with a desired result....