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To: Rodamala

She’ll keep providing easy money until unemployment goes down. Which is what she is supposed to do, according to the Federal Reserve act.

The question is whether she will believe the government’s unemployment numbers which are obviously false, or seek out different measurements. I think she has followed unemployment enough in the past that she won’t take the government’s figures at face value.

The problem is nobody is addressing unemployment. We need to raise the import tariffs and lower the income tax by a corresponding amount.


3 posted on 02/11/2014 10:26:45 AM PST by DannyTN
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To: DannyTN
Seems logical, perhaps here is where the REAL unemployment problem lies.

It's seems to be the general consensus that Wall St. has been the main beneficiary of QE. Why then would Wall St. want to cut-off it's easy-money sugar daddy over a hard-working stiff?

...so have they therefore set up a scenario where companies that do hire get punished...and companies that layoff get rewarded?

In today's greed-rot society...nothing would surprise me.

The marriage between Wall St. and D.C. should have been annulled(by force if necessary)decades ago, instead it's been allowed to grow and fester like a cancer, one that's now become malignant.

6 posted on 02/11/2014 10:54:48 AM PST by RckyRaCoCo (Shall Not Be Infringed)
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