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1 posted on 09/15/2012 11:45:03 AM PDT by morethanright
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To: morethanright

The liars seek to enslave America.


2 posted on 09/15/2012 11:47:21 AM PDT by Armaggedon
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To: morethanright

The media will dutifully issue the lies they are told to issue, as the fifth column enemy of We The People.


3 posted on 09/15/2012 11:53:33 AM PDT by MHGinTN (Being deceived can be cured.)
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To: morethanright
"To support a stronger economic recovery and to help ensure that inflation, over time, is at the rate most consistent with its dual mandate, the [Federal Open Market] Committee agreed today to increase policy accommodation by purchasing additional agency mortgage-backed securities at a pace of $40 billion per month."



QE

.

5 posted on 09/15/2012 12:04:21 PM PDT by TLI ( ITINERIS IMPENDEO VALHALLA)
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To: morethanright

People won’t be pushing wheelbarrows down the aisles of Walmart, because when prices are three times or four times as high as they are now, people will have the same or less than they have now. Inflation isn’t going to fix this mess, and inflation is the only thing the Bernanke’s of the world know how to deal with. If we were keeping up with inflation, even figuring in lag time, families would have as much buying power now as what they had four years ago. That is certainly not the case. If they are lucky, they have the same amount of income as what they had four years ago, but that income is buying much less. Prices will go up, but not salaries. Bernanke is robbing the middle class to finance banks holding bad debt. He and his pals will come out of this in great shape. The man on the street is completely screwed.


6 posted on 09/15/2012 12:29:43 PM PDT by pallis
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To: morethanright

What is the “dual mandate”? Good times and jelly doughnuts? I assume he’d say something lik economic growth (which is good) and a stable dollar (which is not necessarily). Growing the economy to them almost invariably means inflating, and a stable dollar means no inflation or deflation.

However, inflation is inflation, obviously, and less obviously inflation can lead to deflation. So the Fed’s goal is to inflate while avoiding inflation. Which lets you know right there why they’re really bad at their job.


7 posted on 09/15/2012 12:43:33 PM PDT by Tublecane
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To: morethanright

As much as I think Baldy Ben is incompetent, so too do I see trouble for Romney. Don’t get me wrong. My vote is 99% against his imperial majesty Comrade El Presidente Caliph Shiek Obama the First and 1% for Romney. But Romney has 3 HUGE obstacles. First, the MSM who is the lap dog of any and every Progressive/Socialist/Communist/Marxist American Hater they can find and have only given us a taste of their bald face lying in blaming Romney for the Middle East being on fire. Second, Bill Clinton (and by extension, the entire Clinton Machine) succumbing to whatever threat or bribe A$$wipe in Chief put before him in order to not only give the best speech at the DNC (which I believe Obama’s speech was intentionally toned down) but served as THE tipping point in this election, IMHO. I suspect he reminded Bill that if he wasn’t re-elected, Bill would have Hillary in this country all the time and not off boozing it up the the ChiComs or sucking up to some Islamist radical somewhere. Would drastically reduce Bill’s dating life. Third, the entire financial system as represented by the Federal Reserve (including all the major players who for some strange reason cannot see how the Alinsky Professor will destroy capitalism and their way of life of given the chance) who whole heartily, overwhelmingly endorsed the Community Organizer who merely stirs up trouble instead if a proven business executive who knows how to create jobs. I will vote against Obama. I will hold my nose just like in 2008. But I won’t have to pinch it so tight like with McCain.


9 posted on 09/15/2012 12:53:20 PM PDT by cashless (Unlike Obama and his supporters, I'd rather be a TEA BAGGER than a TEA BAGGEE.)
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To: morethanright
They can't cause inflation when worker's wages are being deflated or nonexistent.
13 posted on 09/15/2012 2:42:44 PM PDT by tiki
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