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To: tomd2

The fact that the Fed said they would not raise interest rates for two years shows how political it has become. Such a statement is unprecedented.


61 posted on 08/17/2011 9:06:39 AM PDT by kabar
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To: kabar

agreed. Interesting that O called Bernank to WH the day after like being summons to principal’s office. What I found most interesting no media leaks/releases of what was discussed. Must not have been good for.

Imangine: Benny said he was out of bullets and will sit out until after the election. O told him he needs the FED to print more. Benny said dont mess with me or I will sell all my bonds and securities. LOL

Perry steps up and calls Benny treasonous and O falls for the dare. expose the lie that FED printing is the only thing that has kept economy from crating for past 2 yrs, which it will soon or later imo. but I have been on the wrong side of this market for 2 yrs of QE1 & QE2. only made money last 2 weeks and May-July last yr.


69 posted on 08/17/2011 9:55:37 AM PDT by tomd2
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To: kabar
“The fact that the Fed said they would not raise interest rates for two years shows how political it has become.”

Absolutely. This was the most irresponsible move ever to come out of the Fed. Purely a political statement. Trying to save Obama’s *ss.

74 posted on 08/17/2011 10:07:39 AM PDT by Gabrial (The Whitehouse Nightmare will continue as long as the Nightmare is in the Whitehouse)
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