Nobody is this stupid.
This is the purposeful destruction of the US Dollar by traitors in DC working on orders from non-Americans.
Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.
There was no “recovery”..... =.=
Oh great, the fed prints money to buy our debt they created with the help of uh bummer and friends and now devalues the other assets they used to prop that up with, can anyonesay shell game with no prize under any shell, they now own us..
one of the best
http://video.google.com/videoplay?docid=3051024550497129264#
This would be the coveted swan song of weinemeiner rep
The entire house of cards is the worst ponzi scheme in history. Did the Chinese tell Obama to pound sand?
Dow still down about 46 after pairing some of the initial losses (Nasdaq -25) with 15 minutes to close. No surprise of course, but much more pain to come.
Our dollars are now worth even less.
This is artificially propping up prices here to make it look like we are doing okay, but we aren’t.
Money should be in commodities, things that are worth a given amount on the world market, and can be quickly sold there for the future equivalent of whatever the dollar is worth at that time.
Wow. After all these years we finally know exactly what “voodoo economics” is!
It’s like using your VISA card to pay your Mastercard bill.
Nobody is this stupid.
This is the purposeful destruction of the US Dollar by traitors in DC working on orders from non-Americans.
As long as we don’t cut back on government workers and pensions we’ll be just fine.
Do you s’pose that “slowed” means we’ve entered the second dip of the recession?
weimar ping...
How can this be interpreted as anything but an admission of failure? I don’t like the idea of make believe public money paying for teacher, civil servant (that’s a joke) and policemen’s salaries. But I don’t believe it produces one more voter for the demrats. I do believe it confirms what most voters have already concluded: The Marxist Onada regime is all about its political agenda and to heck with America.
I feel as though every day, I am just going through the work routine, eating my three square meals a day and showering under hot water, just doing it as long as I can before the collapse occurs.
Buying our own debt? BUYING OUR OWN DEBT?
It seems like our nation (perhaps the world) is sleepwalking towards a cliff. The sun is still shining, we are still breathing, life is still going on, and I get the impression anyone with a brain is just looking away from what we know is ahead.
This article just scared the crap out of me. Before I hit the post button, I went back one more time to be sure it wasn’t satire.
It wasn’t.
When I’m feeling sad
I take money from my left pocket
And put it into my right pocket
And that makes me glad!
One big, never-ending shell game. That’s all it is.
“use proceeds from its huge mortgage-bond portfolio to buy long-term Treasury securities”
...proceeds from its huge junk mortgage-bond portfolio to buy long-term junk Treasury securities.
...so now we’re selling ourselves bonds?