That refers to the possibility that the ECB will undertake large scale bond purchases, for "monetary policy" reasons, which would also ease the pressure on national governments.

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"Our officers had to sift through a large volume of information and undertake interviews and recover evidence from across the UK and a number of other jurisdictions around the world, " he said.

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But, sadly, they wield enormous influence on the public, the media, and politicians, and it is likely in large part due to their propaganda that the GAO urged the FCC to undertake a reevaluation of the issue.

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"A large number are contingent on further research and review - eg 'DTI will undertake further research and analysis', 'DTI will investigate', and 'Defra will look carefully at', " he said.

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In large part this is due to private equity shops taking advantage of the cheap financing to undertake huge deals.

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But when you begin to dig into it, for a country as large and spread out as the United States, it is a fiendishly expensive and wildly impractical project to undertake.

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