Politics
‘Real News From The Blaze:’ Fed to Inject More Stimulus?
- Posted on June 21, 2012 at 12:04am by
Christopher Santarelli
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Federal Reserve Chairman Ben Bernanke is expected to announce an extension of an economic stimulus program called Operation Twist, where the central banking system will sell short-term securities and buy long-term bonds in order to lower interest rates and try to boost borrowing and spending. It is assumed that this measure is taken as a means to deal with the projected lower than expected jobs numbers.
But have we seen this policy before? And is there a twist to the bump?
The “Real News” panel discussed the motivation behind the Feds announcement Wednesday, what it actually does, and what are the consequences of the Fed tinkering with the economy once again?
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YahuShuaChrist
Posted on June 25, 2012 at 4:45pmThus says The Lord, to the United States and to this wicked generation of modern peoples…
Hear the word of The Lord your God, The God of Israel, The God of All, for there is no other: You are walking into death… Dead man’s bones lost in a sea of sin, a dark ocean of transgression! You have forgotten Me, days without end, thus must I also forget you in the Day of Harvest. Yet of your evil deeds, even all this wickedness of which you are guilty, I shall remember! Behold, I shall bring it to the forefront, that all who walk in it may receive of My punishment!… Then you shall know, there is a God in Heaven who reigns and judges the earth.
http://www.TrumpetCallofGodOnline.com
Amos 3:6-8
Report Post »Xizang
Posted on June 22, 2012 at 3:32amWhy get upset? It’s not really money, anyway. All US Dollars are just imaginary funny-money created with the Federal Reserve’s computer entries, or Treasury’s printing presses. There’s nothing to back it up. They might as well be printing Monopoly money. It’s not real money. The bankers behind the Fed simply creates the money out of thin air. Actually, air has more substance.
Hyper inflation is coming next. If you paid any attention at all to Ron Paul, you might understand. There’s more and more fiat, funny-money being injected into the economy. That dilutes the value of the money already out there and in your bank accounts. Things are constantly costing more because it’s taking ever more dollars to accomplish the things that fewer dollars did only a few years ago. Long live silver and gold.
Report Post »bobbiejean
Posted on June 21, 2012 at 6:50pmWell, you can‘t say he isn’t trying. Didn’t Obama say he was going to ”fundamentally change
Report Post »America”? Don’t think it will be a recession coming, rather it may be a depression. I know
that I am depressed now!
Quark
Posted on June 21, 2012 at 2:36pmRates at historic lows and people still aren’t spending. Twist=Print and Borrow. I agree we are past the tipping point now. There is no return. The only answer they have now is to borrow and print. It is a self destructing circle they are in. They have no answers. Wake up people, you think this recession has been bad. This is going to look like a Scount-O-Rama compared to what is coming.
Report Post »uneasyrider
Posted on June 21, 2012 at 1:53pmDo the math, we spend 3.6 Trillion per year.
Report Post »Our interest on the debt is .5 Trillion per year.
Our tax revenues are 2.3 Trillion per year.
Our unfunded liabilities are 80 to 120 Trillion.
We have passed the point of no return… it’s not mathematically possible to pay our debts no matter what we do. So relax, it’s kind of like the trip up on a roller coaster, you get nearer to the ride down.
Mutiny
Posted on June 21, 2012 at 11:45amSad thing is most of you think this is Obama’s fault. This is a problem created by both sides. Romney does cut spending and has said he will not work on phasing out the FED. This crisis started decades ago, the Democrats and the Republicans are either working to bankrupt the country or they are to dumb to see they are bankrupting the country.
This election will not change anything between these two men. They are two sides of the same coin. We tried to warn you. You didnt listen, we all suffer. As a matter of fact, the only people who should complain about the FED and the devaluation of the dollar are Ron Paul supporters. None of the rest of you have a leg to stand on due to your nominee choice.
Report Post »tothepoint
Posted on June 21, 2012 at 2:54pmThe Dems were in charge of Congress from Jan. 2007 on until 2010 when they lost the house and Obama voted for all the spending when he was a Senator.
Report Post »Bush tried 17 times to get them to investigate Fannie Mae and Freddie Mac. The Dems, including Obama, refused.
Further, Obama has run our national debt up to the tune of $6 trillion plus.
While there is plenty of blame to go around, Obama is President now and his reckless, failed spending and lying has harmed our country.
Let the chips fall where they may when it comes to blame.
And the chips fall at the feet of this failed President Obama, too.
hempstead1944
Posted on June 21, 2012 at 7:36amDefinition of insanity……doing the same thing repeatedly and expecting a different result…..We there yet?
Report Post »willban1
Posted on June 22, 2012 at 1:02amThe only insanity is the American People. If this POS is reelected it quite possibly could push our country over the cliff. Congress is not insane. Their only objective is retain power, if it takes destroying our country to achieve that, well so be it. This administration has made no secret of their intentions- the USA must be destroyed in order to achieve the Marxist heaven they visualize. Stalin made it work in Russia, Castro created heaven on earth in Cuba, Mao turned China into a paradise, and Chavez, Obama’s buddy, is doing the same to Venezuela.
Report Post »lukerw
Posted on June 21, 2012 at 7:33amSTOP IT… Stop it… stop it! The Fed is KILLING US… to help the EU… and make Obama look not like a Total Failure!
Report Post »rickc34
Posted on June 21, 2012 at 4:58amHow much lower can rates go? People are not spending because unlike the goverment they know their limit. My cousin’s employer just put everyone one a 32 hour week down from 40 instead of laying off..I went through the same thing but they also layed off 35 nurses . The economy is what it is and we cannot afford to increase our debt. Bernake and Obama cannot be trusted . My grand children will not be able to pay the debt off during their life time and the oldest is only 4. What kind of people burden others with this kind of debt? Selfish ones.
Report Post »Gorp
Posted on June 21, 2012 at 5:43am“Operation Twist”?
That brings to mind some bully giving me a “snuggie” with a big twist before pulling the material over my head and laughing his ass off.
Report Post »Stoic one
Posted on June 21, 2012 at 4:41amYAZOO
Report Post »I agree. purchase ONLY what is needed. I also accepted the first job when unemployment ran out and will wait until after the election to change that. (we are getting by) My son-in-law asked me what can the individual can do; i think there is PLENTY that we can do.
JACKTHETOAD
Posted on June 21, 2012 at 4:25amYeah, Operation Twist fits that to a tee, especially after the knife’s in already. Bastard!
Report Post »christianUSA
Posted on June 21, 2012 at 4:23amOpinion and question: call me silly but it seems when this private organization put out these funds they are putting all US citizens greater in major debt? but not themselves in debt? So Its not their money they loaning for profit? But in conduction business “loans?” do they not make profits for themselves? So they with no real permission or even direct representatives from US put US in debt and they make money? Does that not give them incentive to do more? or act in their best interest rather then ours US? Why is it their solutions to get US out of debt always seems to be for US be get more debt?
Report Post »Texas Lady Juanita
Posted on June 21, 2012 at 1:44pmThey didn’t just put us in debt . . . follow the money . . . they robbed us blind!
Report Post »yazoo
Posted on June 21, 2012 at 4:15amI haven’t purchased anything but basic good and services and will not until Obama is no longer in power. I believe there are a lot of other Americans who have chosen to resist in this way. Bernanke should be ashamed for his part in our economic tradegy. History will not be kind to him.
Report Post »Individualism
Posted on June 21, 2012 at 10:01amthose corrupt bankers are going to either be dragged our of their home and shot, rounded up and put into camps or banished from the country when the economy collapses.
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