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Governor Palin: QE3 is Upon Us
Conservative4Palin ^ | September 13 2012 | Stacy Drake

Posted on 09/13/2012 1:10:51 PM PDT by Bratch

Governor Palin has been warning us about this. Via Facebook:


President Obama is clearly revealing his rapid loss of any grip on the economic and security issues that are of utmost importance to our country. His economic and foreign policy blunders are manifesting chaos. On the same day when we see more chaos erupting in the Middle East and President Obama declaring that Egypt is no longer considered our ally, the Federal Reserve announced that it will spend $40 billion a month to purchase mortgage-backed securities with no end date set. QE3 is upon us.

In a speech nearly two years ago, I asked: “If [QE2] doesn’t work, what do we do then? Print even more money? What’s the end game here? Where will all this money printing on an unprecedented scale take us? Do we have any guarantees that QE2 won’t be followed by QE3, 4, and 5, until eventually – inevitably – no one will want to buy our debt anymore? What happens if the Fed becomes not just the buyer of last resort, but the buyer of only resort?”

As predicted, QE3 is upon us. Is it any wonder that the dollar is down against major currencies? This temporary, artificial economic “stimulus” bought at the expense of high inflation is no substitute for a stable currency and genuine long-term economic recovery. This is what happens when big government centralized planners try to “plan” our economy. President Obama is no doubt happy, though, that this latest sugar fix comes 53 days before the election.

- Sarah Palin





TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: dollardevaluation; fed; obama; palin
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To: Bratch

Palin just doesn’t get it. All this complaining - yet the Dow Jones is up isn’t it!? Happy Days are here again. /s


21 posted on 09/13/2012 2:03:40 PM PDT by 21twelve (So I [God] gave them over to their stubborn hearts to follow their own devices. Psalm 81:12)
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To: onyx
I wish I was out in the wondeful sun onyx, nothing but cold rain here.

This thread motivated me to go back and listen to Glenn Beck talk about the gods of the copybook headings

What Benny is doing here WON'T WORK, it has NEVER worked.

All it will do is jack up the princes on everything and I think we learned that once gas prices spill over 4-5 Bucks a gallon the economy STOPS.

But the most infuriating part is that many people still won't chalk this up to Ubama or his polices, brainless sheep.

Unlike Sarah, I say we all need to get behind her. (or in front if need be)

22 posted on 09/13/2012 2:05:59 PM PDT by KC_Lion ( Wherever I find myself standing, I forever stand with Israel.)
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To: Parley Baer

R&R should have a field day with this news.”

And Ryan is going to vote for increasing the debt level which includes a whole lot of extra money for Syria.


23 posted on 09/13/2012 2:06:46 PM PDT by Grams A (The Sun will rise in the East in the morning and God is still on his throne.)
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To: onyx
And where is our Republican leadership on this and about every other thing happening right now?
How small and insignificant they are compared to her.
Keep reloading Sarah!
24 posted on 09/13/2012 2:13:39 PM PDT by The Cajun (Sarah Palin, Mark Levin......Nuff said.)
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To: Bratch
So, does this mean that "We the People" are now going to own a ton of non-performing real estate?

I guess I know who's pulling the strings now.

25 posted on 09/13/2012 2:14:33 PM PDT by The Duke
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To: KC_Lion

TYVM!


26 posted on 09/13/2012 2:14:50 PM PDT by onyx (FREE REPUBLIC IS HERE TO STAY! DONATE MONTHLY! IF YOU WANT ON SARAH PALIN''S PING LIST, LET ME KNOW)
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To: The Duke

If 0bama acts true to form, if non-preferred demographic members own those houses, they’ll be foreclosed on and the houses given to preferred demographic members.


27 posted on 09/13/2012 2:16:21 PM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working fors)
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To: Bluestocking

Keep bleeding the patient until he gets better.


28 posted on 09/13/2012 2:17:30 PM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working fors)
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To: onyx

29 posted on 09/13/2012 2:17:45 PM PDT by KC_Lion ( Wherever I find myself standing, I forever stand with Israel.)
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To: The Cajun
And where is our Republican leadership on this and about every other thing happening right now?

They're about to pass a $1 trillion supplement (or whatever it's called - 6 month thingee), that's where they are!

I might add, that includes Paul Ryan, reportedly planning to vote yes.

The $1 TRILLION DOLLAR package includes $12 or $16 Billion in aid to Libya.

Guess it doesn't matter, it's all newly printed money that we don't have!

30 posted on 09/13/2012 2:21:02 PM PDT by onyx (FREE REPUBLIC IS HERE TO STAY! DONATE MONTHLY! IF YOU WANT ON SARAH PALIN''S PING LIST, LET ME KNOW)
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To: onyx

What do they not understand about BROKE, BUSTED, THERE AIN’T NO MORE, EMPTY, ROCK BOTTOM?


31 posted on 09/13/2012 2:38:25 PM PDT by The Cajun (Sarah Palin, Mark Levin......Nuff said.)
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To: The Cajun

They understand NOTHING!


32 posted on 09/13/2012 2:49:15 PM PDT by onyx (FREE REPUBLIC IS HERE TO STAY! DONATE MONTHLY! IF YOU WANT ON SARAH PALIN''S PING LIST, LET ME KNOW)
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To: Bratch
OK boys... crank-um up!!!


33 posted on 09/13/2012 2:57:51 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Springfield Reformer
Still wish I knew why she decided not to run.

35% cold calculation, 65% the book.

If not for the book, she would have run. And lost.

America is not ready for the truth, things have to get much worse.

But, at Indianola, she was ready to go. The next 30 days brought the book, and the Enquirer divorce lawyer story. Undoubtedly, those two things were related.

The idea that McGinnis had sources that the Palin family knew about and trusted was very bad mojo in terms of shalom in the home.

She did the right thing.

34 posted on 09/13/2012 3:07:11 PM PDT by Jim Noble (Diseases desperate grown are by desperate appliance relieved or not at all.)
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To: The Cajun
And where is our Republican leadership on this and about every other thing happening right now?

Laura Ingraham is right. If Romney/Ryan can't beat Obama in this s##thole of an economy, it's time to tear down the Republican party and start over (actually it may well be time anyway).

35 posted on 09/13/2012 3:13:47 PM PDT by Marathoner (DNC: Fluke, Clinton, Warren: The slut, the pimp and paleface)
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To: Bratch
In a speech nearly two years ago, I asked: “If [QE2] doesn’t work, what do we do then? Print even more money? What’s the end game here?

Each QE has done less good then the one before it - and more harm. What the end game? Look at Greece - when the EU is tired of carrying them...

36 posted on 09/13/2012 3:14:29 PM PDT by GOPJ (Peace is that brief glorious moment in history when everybody stands around reloading - T. Jefferson)
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To: Jim Noble

Don’t buy it. The Palins denied it. I am left to choose between believing them and the likes of Joe McGinnis, a man capable of lying for years at a time, just to write a book (Fatal Vision). Character matters. Unless some objective evidence can be put on the table, I am still convinced there were other matters in play that convinced her not to run.


37 posted on 09/13/2012 4:13:00 PM PDT by Springfield Reformer (Winston Churchill: No Peace Till Victory!)
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To: Bratch; onyx
Snip:
His economic and foreign policy blunders are manifesting chaos.
I will add, ON PURPOSE! Obama is trying everything he can to destroy the USA and with it the West.
38 posted on 09/13/2012 4:42:17 PM PDT by RedMDer (https://support.woundedwarriorproject.org/default.aspx?tsid=93destr)
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To: onyx

Thanks onyx. Spot on assessment from Palin, as usual.


39 posted on 09/13/2012 5:37:47 PM PDT by TADSLOS (Conservatism didn't magically show up in Romney's heart in 2012. You can't force what isn't in you.)
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To: RedMDer
I will add, ON PURPOSE! Obama is trying everything he can to destroy the USA and with it the West.

Exactly. It's too easy to define Obama as a blundering fool, based on our own sense of normalcy and what is right. People need to take off their own filters and see him through his own twisted philosophy and extreme actions.

40 posted on 09/13/2012 5:42:14 PM PDT by TADSLOS (Conservatism didn't magically show up in Romney's heart in 2012. You can't force what isn't in you.)
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