To: NormsRevenge
Does this really hlp? & where is the 4 billion coming from? Will they print it and call the paper—money.
2 posted on
09/21/2011 11:59:44 AM PDT by
Venturer
To: NormsRevenge
Sounds like a classic ponzi scheme.
To: NormsRevenge
It will now also reinvest proceeds from maturing mortgage and agency bonds back into the mortgage market...Tax payer paid mortgages to buyers that can't pay the loan installments. Is this what they call a stimulus?
4 posted on
09/21/2011 12:02:23 PM PDT by
Rudder
(The Main Stream Media is Our Enemy---get used to it.)
To: NormsRevenge
How much is going into the non-existant “shovel-ready” jobs this time?
5 posted on
09/21/2011 12:05:07 PM PDT by
Hodar
( Who needs laws; when this FEELS so right?)
To: NormsRevenge; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; calcowgirl; Gilbo_3; ...
RE :”
The Fed said it would launch a new $400 billion program that will tilt its $2.85 trillion balance sheet more heavily to longer-term securities by selling shorter-term notes and using those funds to purchase longer-dated Treasuries. It will now also reinvest proceeds from maturing mortgage and agency bonds back into the mortgage market, an acknowledgement of just how weak conditions in the sector have remained. “
QE3 ping!
Greenspan taught Bernanke that printing money can cure any problem.
9 posted on
09/21/2011 12:09:24 PM PDT by
sickoflibs
(Over-taxed means 'paying too much in taxes', not zero taxes)
To: NormsRevenge
...because another quarter point off mortgage rates will make all those 99’ers jump into the housing market and buy buy BUY!
The Fed is only shifting the maturity dates of their balance sheet. They’ve run out of ammo.
10 posted on
09/21/2011 12:10:27 PM PDT by
Jack of all Trades
(Hold your face to the light, even though for the moment you do not see.)
To: NormsRevenge
Who writes the Yahoo headlines?
This is not a $400 billion stimulus at all. It will simply transfer $400 from short-term US Treasury bills to long-term US Treasury bonds.
This move will do nothing to fix the economy, and the stock market will reflect this moving forward.
11 posted on
09/21/2011 12:14:02 PM PDT by
politicket
(1 1/2 million attended Obama's coronation - only 14 missed work!)
To: NormsRevenge
does anyone remember voting on this?
14 posted on
09/21/2011 12:36:28 PM PDT by
the invisib1e hand
(...then they came for the guitars, and we kicked their sorry faggot asses into the dust)
To: NormsRevenge
16 posted on
09/21/2011 12:48:34 PM PDT by
Uncle Miltie
(Gore Lauds Romney on Climate Position; 0bamaCare was based on RomneyCare.)
To: NormsRevenge
Markets took a dive at the end of today’s trading session. Down 231.
To: NormsRevenge
MONETARY POLICY DOES NOT INFLUENCE JOB CREATION!!!!! See: QE I, QE II, QE III, ad nauseum.
20 posted on
09/21/2011 12:56:02 PM PDT by
Uncle Miltie
(Gore Lauds Romney on Climate Position; 0bamaCare was based on RomneyCare.)
To: NormsRevenge
Markets are throwing a tantrum saying give us more money. Not enough.
21 posted on
09/21/2011 12:57:17 PM PDT by
Ravi
To: NormsRevenge
Didn’t the Feds recently sell (exchange) long term bonds for short term bonds? I know China did. Now that interest rates are near 1% on long term bonds, the Feds pile (exchange) back into long bonds. The only real new money being created is the payments for the interest rate maturities. Other than that it is just bond printing.
The principle or debt outstanding is another matter but best pushed past the next election(s) or for unborn generations to worry about...Unless generational warfare (young vs old) begins early as elders having pissed youth’s future away becomes abundantly clear even to the stoners.
22 posted on
09/21/2011 1:04:52 PM PDT by
Razzz42
To: NormsRevenge
Look at the Dow after this announcement... it went down and closed down 284 points.
LLS
23 posted on
09/21/2011 1:10:10 PM PDT by
LibLieSlayer
(Is the person that you support a Crony Capitalist... A.K.A. CRAPITALIST?)
To: NormsRevenge
Fed Chairman Ben Bernanke ( Archimedes: “Give me a place to stand and with a lever I will move the whole world.” ) trying to move the world to save any chance Obama has for reelection in a desperate attempt to recover the economy inspite of failed Obama fiscal policies.
This to, will fail.
To: NormsRevenge
( * The Fed said it would launch a new $400 billion program that will tilt its $2.85 trillion balance sheet more heavily to longer-term securities by selling shorter-term notes and using those funds to purchase longer-dated Treasuries. * ) : translated : Obama to Ben : get this economy moving for right now so I can get elected or else.
This is nothing more than another failed attempt to help Obama get relected.
Any fiscal polices that are implemented from now on are in a futile effort to get Obama reelected in the face of failed polices and mismanagement by Obama and Democrats, no, wait, it's not mismanagement, it was all done by design.
To: NormsRevenge
Stupid headline, its not a $400 b ‘stimulus’, it has nothing to do with spending $400b like Obama wants.
It’s a Fed operation to keep long-term rates low.
(They are plenty low already, but ....)
30 posted on
09/21/2011 3:27:53 PM PDT by
WOSG
To: NormsRevenge
It was said at least 2 years ago that the Fed had run out of ammunition to fight the recession. So instead of doing nothing and letting the economy recover, Ben (the incompetent) just doubles down on stupid. But then he is not alone, he’s got the Food Stamp President and Harry the Loser as companions.
31 posted on
09/21/2011 7:20:37 PM PDT by
RetiredTexasVet
(There's a pill for just about everything ... except stupid!)
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