Posted on 09/15/2016 3:57:23 AM PDT by expat_panama
So who is Alan Greenspan suggesting is crazy? We ask because, according to the Bloomberg news ticker, the former chairman of the Federal Reserve refused comment when asked to whom he was referring... ...a country to be undermined by how should I say it crazies.
No doubt the Democratic Party press is going to start suggesting that the crazies to whom Mr. Greenspan was referring are the Republicans lead by Donald Trump... ...might be prepared to see America default on the federal debt. He said hed borrowed knowing that you can pay back with discounts.
That drove the New York Times how should we say it? crazy...
...adviser to Mr. Trump. He has started blaming the Federal Reserve for creating a false economy. The central bank has expanded its balance sheet by trillions, while the Obama administration has borrowed more money than all previous presidents combined. It has struck her and us that a President Trump could well be in a position to lead Congress in a historic monetary reform.
The legislature, to which the Constitution grants all of the monetary powers of the United States, seems well disposed. The House has already passed the Fed Oversight Reform and Modernization Act, which is now before the Senate. The House is preparing to fold that bill into a new, improved version, called the 2016 Choice Act. The measure passed on Tuesday the Financial Services Committee, which means that whoever it is that Mr. Greenspan was referring to when he fretted about the crazies could well have to reckon with reality one way or another come November.
(Excerpt) Read more at nysun.com ...
I'm just a dumb guy reading the internet but it's obvious that these days the fundamentals of a given stock, industry or commodity are farther down the list of value criteria than they used to be.
I’m still amazed, every DAY, that this House of Cards hasn’t fallen apart by now! I’m starting to wonder if it will in my lifetime? I’ve been planning for it...for about a DECADE, now.
I’m thinking it’ll at least start tilting a bit once Trump is elected. I mean, what better timing than to blame it on the new Republican President? ;)
You are right, of course. If Trump wins, the next big move down will be blamed on him scaring people or some such language.
He IS scary! I can’t sleep at night because I’m convinced he’s hiding under my bed, trying to get me!
*SMIRK* :)
It’s more likely Harry Reid is in your closet.....do not open it!
Markets are back UP big today....is it because this guy says this:?
Trump Calls for 4% Growth, Pledges to Create 25M Jobs
Republican Donald Trump on Thursday called for a U.S. goal of 4 percent annual economic growth, saying his plans to cut taxes, eliminate regulations and revamp U.S. trade policy would create 25 million new jobs over a decade.
There’s another GRIFTER who can’t meet St. Peter fast enough for me!
Great! Now I have to go clean out the bedroom closet...just to be sure he’s NOT in there, LOL!
While that sure sounds good, for months now we've simply not had any "exaggerating short-term price moves".
imho the only reason he can get away w/ saying that there was is becuase most readers just love to blame workers in the finance sector for all kinds of problems --real and imagined.
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