[betty boop]

Dear FRiends, I have an uncanny feeling that we are witnessing the single greatest and most breath-taking wealth grab in the history of humanity.

The Fed has run out of "tools" And it has no "fall-back position." So it just keeps on doing what it's been doing over that past decade or so. Like a lunatic in an asylum who expects that the repetition of the same behavior is gonna get him a "different result," next time.

What are you doing to protect yourself and your family? There has got to be some seriously hard sledding ahead, if history is any guide....

[Leo Carpathian]

Impeach Kenyan.
Nullify all his “laws”.
Arrest all those who put him in WH
Fumigate the WH
Vote some sane people into government with term limits.
Return this country to one that Founding Fathers established!
Go for it! (Go SARAH!!!!)

[hosepipe]

Pssst.. come here for a minute..
Don’t tell anybody I told you BUT...

If the gov’t can tax you on something you own, you’re paying RENT on it(to the gov’t)... i.e. property taxes.. etc.

Not only that but before you bought it..
The government taxed the building of it, all the material you bought to build it.. the purchase of it..
Property taxes is the rent you pay to live in it..

Not to speak of the UNIONS exacting tribute at the same time the gov’t is shearing and milking you..

QE is the opium for the financial industry..
The gov’t is the pusher.. https://www.youtube.com/watch?v=GN6eTXA0VlI

[henkster]

When our annual government deficit was merely $400 billion, there was enough capital in the world financial markets to absorb it. When the deficits skyrocketed to $1.5 trillion, it exceeded the wrold’s financial capacity to absorb it. So the government invented QE; selling it’s debt to banks, and then buying it back with money printed by the Fed. Just like how the Germans financed Ww1. We all know how that turned out around 1923.

[betty boop]

FYI FRiends!

I really am troubled by this QE business. Please see the full article — if you have the time and interest — to see details regarding the impending financial/economic implosion that QE seems quite likely to entail. If history is any guide.

[palmer]

The Fed is not much more than a tool of the politicians now. They print the money and buy t-bills thus funding the politicians. The politicians aren't about to admit that this is the case. The Feds pretend it's for the economy, but pushing cheap money into big banks to get them to lend is worse than useless. The banks merely speculate and create bubbles which hollow out the economy then destroy the economy when they pop. The uncertainty over the value of money prevents anyone from saving or investing (the stock market is basically a casino as this point).

If the Fed tries to end this properly, interest rates will shoot up and the Federal government would quickly use up revenue on interest payments and part of the entitlements. But the longer they do it, the worse the outcome. They probably just hope to get a big enough bubble of some sort where they can sell off assets and perform a currency devaluation with the support of governments and unions.