Posted on 09/19/2016 5:48:18 AM PDT by expat_panama
The Fed needs an autopsy/audit.
“The job market is strong ...”
Well this guy’s an idiot.
only 40 percent unemployment. A number Trump said and fact checkers agreed on.
The Federal Reserve is at war on the middle class.
This guy Zandi is not only an idiot but you can tell he doesn't buy his own groceries, either ...
I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.
~ Woodrow Wilson
The FED will do whatever it can to make Trillions of dollars for its owners the world bank.
Zandi is a well-know Rat apologist and economist. He has zero credibility. He is laying the groundwork for the Fed to wreck what economy there is left when Trump gets elected.
Yes, he is repeating false data provided by the administration. This idea that the FED can create any economic growth by itself is very limited at best. We have both houses of Congress full of attorneys who know very little about economics and business. Sound monetary policy starts with our tax system and budget. The highest corporate taxes in the world do not encourage jobs, new business or anything positive. More regulations on business create more problems. Not one person here has ever spent their way out of debt, and; we have Obama and the Dems spending money like drunken sailors on every welfare program to stay in power. We cannot afford this 19 trillion plus debt. We keep seeing Obama add millions of Hispanics and Muslims to the welfare roles. Yes, the Hispanics do work, and some Muslims do. These Syrians have no skills period. The jerk who just blew up a bomb is from Afghan. Why aren’t these SOB’s doing the fighting as opposed to our military.
I like and wholeheartedly agree with your comment.
What took Mr. Samuelson so long to figure out that the Fed was not effective? Millions of ordinary people knew this simple fact long ago: you can’t print your way to prosperity. It was an absurd notion from the get go yet the Fed embraced it.
Excellent comments. The clueless congress and a pernicious president have taken us down a very destructive path that will be difficult to recover from.
Really. Where do I get what he is smoking?
Yes, he is repeating the false data provided by the administration. This idea that the FED can create any economic growth by itself is very limited at best. We have both houses of Congress full of attorneys who know very little about economics and business. Sound monetary policy starts with our tax system and the budget. The highest corporate taxes in the world do not encourage jobs, new business or anything positive. Welfare creates a dependent class that will only get larger. We have had our welfare programs and exactly what non citizens can receive printed in many languages for years. More regulations on business create more problems. Not one person here has ever spent their way out of debt, and; we have Obama and the Dems spending money like drunken sailors on every welfare program to stay in power. We cannot afford this 19 trillion plus debt. We keep seeing Obama add millions of Hispanics and Muslims to the welfare roles. Yes, the Hispanics do work, and some Muslims do. These Syrians have no skills period. The jerk who just blew up a bomb is from Afghan. Why aren’t these SOB’s doing the fighting as opposed to our military.
They’ll wait ‘til President Trump takes office, then raise rates to catastrophic heights. Scorched earth policy, to harm their “enemy”.
Exactly, per my post #15.
The nearly $20 trillion Federal Debt.
That is REALLY what will keep them from raising rates.
None of the theories behind monetized central banking
accounted for the fact that government might become
far and away the largest debtor.
Abolish the Fed.
Sorry for the repeat. I had a call and clicked again.
If they go scorched earth, they may be handing a magic wand to a very pro-business guy. Things that might have been “impossible” could become achievable if people panic and look to a strong president to perform miracles.
I’m thinking Fair Tax.
I’m think no government unions of any kind.
I’m thinking no Dept of Energy, Education, EPA, USDA, etc. etc.
I’m thinking balanced budget.
I’m thinking paying down the debt.
I’m thinking social security reform.
Go ahead. Go scorched earth. We need an excuse to make some BIG changes.
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