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1 posted on 11/03/2010 1:10:09 PM PDT by Hojczyk
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To: Hojczyk

Get ready for higher gas prices..the lower the dollar the higher the price of oil...Thanks OBAMA


2 posted on 11/03/2010 1:11:24 PM PDT by Hojczyk
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To: Hojczyk

Insanity.


3 posted on 11/03/2010 1:12:34 PM PDT by BenLurkin (This post is not a statement of fact. It is merely a personal opinion -- or humor -- or both)
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To: Hojczyk

The Fed and the Banksters need to be the next target for the Tea Party.


5 posted on 11/03/2010 1:16:57 PM PDT by FReepaholic (Yoiks...and away!!)
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To: Hojczyk
This is going to KILL us folks that run kerosene and type II oil to heat our homes..
7 posted on 11/03/2010 1:19:20 PM PDT by Michael Barnes (Guilty of being White.)
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To: Hojczyk

This is a bad idea, but if they’re intent on doing it, a cheaper way to manage it would be, instead of the government spending it, deduct that amount from taxes collected and let the people spend it...that would remove the administration costs of innumerable government purchases.


8 posted on 11/03/2010 1:22:56 PM PDT by highlander_UW (Education is too important to abdicate control of it to the government)
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To: Hojczyk

If this was a private business, these sadistic idiot-ridden fools housed within the Fed, running it, and setting monatary policy would already be in jail. =.=


9 posted on 11/03/2010 1:28:04 PM PDT by cranked
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To: Hojczyk

I don’t know why they just didn’t give every tax paying American 1,000,000 to begin with. I think we could spend the money more wisely than the ones in charge of our hard earned dollar.


10 posted on 11/03/2010 1:37:25 PM PDT by coconut47
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To: Hojczyk

Just in time for the Wall St. X-MAS bonuses. The sugar daddy FED keeps doling out the money heroin to the addicts.


11 posted on 11/03/2010 1:43:09 PM PDT by Gen-X-Dad
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To: Hojczyk

Vanity Question ... when the new folks get sworn in, can the Fed still do something like this without HOUSE approval? Just wondering ... (thanks)


13 posted on 11/03/2010 1:58:40 PM PDT by ThePatriotsFlag (You are just jealous because the voices aren't talking to YOU!)
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To: Hojczyk

This is their way of increasing prices. They want to pump up inflation. Rising prices are easily confused with rising prosperity.

Government-sponsored inflation is theft. Theft from savings accounts, investments and homes.

Rising prices expose salaries to “bracket creep” enabling the government to take more money and to say that they didn’t.


15 posted on 11/03/2010 2:07:18 PM PDT by Leftism is Mentally Deranged (Annoying liberals is my goal. I will not be silenced.)
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To: Hojczyk

R.I.P. dollar~~~


19 posted on 11/03/2010 3:16:18 PM PDT by Bushbacker1 (I miss President Bush greatly! Palin in 2012! 2012 - The End Of An Error! (Oathkeeper))
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To: Hojczyk

How low will the dollar go?

Well, in 1914 a $20 bill could be taken to the bank and exchanged for a $20 gold coin. With that $20 gold coin you could purchase a very nice suit. Now a $20 gold coin is worth about $1300 and will buy you a very nice suit.

Since then, the dollar is worth about 4% of what is was in 1914. I expect it to be devalued by about 50% over the next 2-4 years and it may accelerate after that until were are like post WWI Germany or Zimbabwe recently.


24 posted on 11/03/2010 3:29:44 PM PDT by Blood of Tyrants (Islam is the religion of Satan and Mohammed was his minion.)
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To: Hojczyk; All

So if you had some cash just sitting on the sidelines,what would you do?


25 posted on 11/03/2010 3:30:12 PM PDT by mdittmar (i)
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To: Hojczyk

Obviously 0bama didn’t learn his lesson


33 posted on 11/03/2010 3:48:10 PM PDT by rightistight
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To: Hojczyk

Cash out your 401k at the first of the year
Pay off your debt by time the tax is due you will pay 1/2 as much.!


36 posted on 11/03/2010 3:53:46 PM PDT by jroneil (2010 is just the beginning!)
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To: Hojczyk

QE2 is just Obama’s end-a-round-run of the incoming republican majority.

He will be able to claim the markets are improving he will be able to show gains in the GDP falsely inflated by 500 billion worthless dollars.

Inflation will be “blamed” on the Republicans and if the dollar slides and fails Obama would then seek UN help in the form of monetary (world currency) oversight (authority). Thus his pro socialist agenda is not dead just re-navigated.
If the future value of the dollar is in jeopardy what institution in there right mind would loan money out today to be repaid at a much lesser value?
Again all of this will be skillfully spun as to blame those greedy Republicans.

Obama is only too happy to have the Republicans in charge when he and the Fed crash the economy.


47 posted on 11/03/2010 4:16:02 PM PDT by John 3_19-21 (The Tea Party will be heard Mr. Speaker!)
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To: Hojczyk

This will help. /


51 posted on 11/03/2010 4:25:34 PM PDT by Indy Pendance
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To: Hojczyk
This whole thing is a house of cards. The real reason the Fed is doing this is there are not enough buyers out there for the new debt needed just to pay the interest on the existing US national debt.

The inflation genie is purposely being let out of the bottle. This is all part of the Marxist wealth redistribution plan. Destroy the savings of those that have lived within their means and turn them into serfs.

FUBO

53 posted on 11/03/2010 4:30:08 PM PDT by Gabrial (The Whitehouse Nightmare will continue as long as the Nightmare is in the Whitehouse)
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To: Hojczyk
Just my humble opinion:

Had the pubbies not made a killing yesterday, this never would have happened. It is based on making our dollar worthless, while the pubbies control the purse strings, to get us on a global currency. Super-duper inflation just around the corner!

Prepare!

58 posted on 11/03/2010 4:40:27 PM PDT by Bushbacker1 (I miss President Bush greatly! Palin in 2012! 2012 - The End Of An Error! (Oathkeeper))
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To: Hojczyk

If they want boost our real economy they should loan this qe2 capital to US businesses at 0% instead of to our financial supermaket banks - who unload their crappy derivatives on to the fed and take the fresh capital and send it off to the hot money markets in thailand, china , singapore et. Further sinking our dollar as speculators sell those dollars and buy foreign currency and assets.


66 posted on 11/03/2010 5:41:13 PM PDT by jd777
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