There is no way with eight dollar corn prices and 4 dollar gas that the Fed does any major QE3, just forget that notion.
Archive for Category: "Economy"
August 23, 2012 05:58
89% of Young Adults Say Poor Economy Impacts Daily Life – Key Life Decisions in Jeopardy
“Blessed are the young for they shall inherit the national debt.” – Herbert Hoover
August 22, 2012 07:13
Government Is Bankrupt and Will Destroy The Economy
The US has passed their danger point and recent US GDP experience conforms to their findings. The economy is growing at subnormal rates, despite unprecedented stimulus efforts.
August 22, 2012 06:43
More Than Half Of All Americans Are At Least Partially Dependent On The Government
[N]ow the federal government has become a giant deluded “Santa Claus” that distributes goodies to the American people far beyond its actual capacity to do so. In fact, we are borrowing trillions of dollars that we do not have so that our politicians can continue to buy votes with handouts.
August 21, 2012 08:50
Hitchhiker’s Recovery
Our so-called “recovery” is slower than Japan’s during its Lost Decade.
August 20, 2012 13:02
One of Obama’s Biggest Lies: ‘I’m Fighting For The Middle Class’
“His real target is America’s middle class, suburbanites in particular.” – IBD
August 20, 2012 07:51
Bernanke’s Dual Mandate Trap – Inflation or Unemployment?
As Fed’s two previous QE’s have demonstrated, due to the structure of current global banking and financial system, QE has only mostly benefited banks to hoard cheap capital from the government to speculate in commodities and stocks to get better returns, rather than circulating and lending to business and consumers like banks are supposed to.
August 17, 2012 14:57
Economic collapse is inevitable, here’s why…
The numbers don’t lie. At this point, the dollar crash is unavoidable… far from an exaggeration this is a mathematical certainty. As repelling as that sounds, it’s in your own best interest to learn just how bad the situation is. – Crisis HQ
August 17, 2012 14:24
Unemployment Up in 44 States; New York Unemployment Highest Since 1983; No Improvement Nationally in 2012; Looking Ahead: What’s Next?
Not only is the unemployment rate artificially low, but it is no longer falling. And since it has stalled, we had three anemic retail sales reports followed by a reported rise last month.
August 17, 2012 07:44
Obama’s “signature achievement” could be heading for bankruptcy again
Not only does Obama portray the GM bailout as a great success, he has actually said, in public, that he wants a lot more “successes” just like it. “I said I believe in American workers, I believe in this American industry, and now the American auto industry has come roaring back,” he told an audience in Colorado last week. “Now I want to do the same thing with manufacturing jobs, not just in the auto industry, but in every industry.” – Human Events
