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To: 9YearLurker

I think so, too. 2 post-election pieces in a row have been fed to them.


53 posted on 11/07/2010 4:18:24 PM PST by Al B.
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To: Al B.

Bernanke floated the idea of QE2 around the 1st of August.

Since then most commodities, stocks, and bonds have increased in price.

Gold on August 1 was $1182 and today it is $1395 is but one example of how QE2 affects prices.

So as I see things Bernanke is making like worse for those whose income is shrinking. Their cost of living is going up, but their incomes are not.

This is why tax cuts are a preferable way to handle recessions. The individual’s incomes are not hurt as much in a recession when a tax cut is enacted.


55 posted on 11/07/2010 4:26:41 PM PST by Presbyterian Reporter
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To: Al B.

It looks like a direct shoot at the DC elites.

Another thing where are all the pretenders on this issue.


69 posted on 11/07/2010 4:47:45 PM PST by Clyde5445 (Gov. Sarah Palin: :"You have to sacrifice to win. That's my philosophy in 6 words.")
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