Fire up the presses.
And make sure Ben doesn't run out of ink printing all that money - with nothing backing it up!
Obama bamboozled millions... gave them the old 'okee doke.'
Basically, the FED is going to impoverish future generations to keep the stock market from falling to where it should be. Bernanke said as much, from what I read, not the impoverishing thingee, heh.
Fire up the presses.
And make sure Ben doesn't run out of ink printing all that money - with nothing backing it up!
Obama bamboozled millions... gave them the old 'okee doke.'
Sad is’nt it? The biggest news of the day that guarantees that everything will be more expensive during a period of stagnant wages and massive unemployment and hardly anyone takes note of it.
We are facing disaster and the rest of the world is going to feel the pinch too until they dump the dollar.
What a mess. All this to prevent the big banks from eating the losses they richly deserve. I love the excuse too, give the banks more money to lend as if the American consumer will borrow themselves out of the recession or coming depression. Genius!
The banks are not loaning money because they are too busy profiting from it and too few qualify for loans. Imagine how bad it will be for people on pensions when the market crashes at the same time the dollar collapses.