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s0me0nesmind1
 
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Another Fed Bailout: 3rd Time is a Charm? Or just Election Propoganda

Ol' Bukkake gives the Ok to toss in some money into the fire today with another attempt at buying ourselves out of this recession. Surprise surprise, it's just before election in an effort to try and make those ridiculously horrible jobs reports look anything but appalling.


Surprised much? Gold skyrockets, oil skyrockets, who wudda thunk it!? For all the liberals trying to defend Obama they can now scream "SEE THA STOCK MARKET IS UP!1111" and think that constitutes recovery of our economics



http://finance.yahoo.com/blogs/break...180402117.html
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Last edited by s0me0nesmind1; 09-13-2012 at 11:54 AM..
Old 09-13-2012, 11:41 AM s0me0nesmind1 is offline  
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Gibonius
 
When do we get to start blaming Bernanke for shitty economic performance?
Old 09-13-2012, 11:59 AM Gibonius is offline  
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s0me0nesmind1
 
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Originally Posted by Gibonius View Post
When do we get to start blaming Bernanke for shitty economic performance?

Because the answer to every problem isn't continue to toss money into the fire pit There are plenty of other factors than to just toss more stimulus money and hope other people continue spending/risking like nothing is wrong - it's called an illusion.
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Old 09-13-2012, 12:12 PM s0me0nesmind1 is offline  
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Gibonius
 
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Because the answer to every problem isn't continue to toss money into the fire pit There are plenty of other factors than to just toss more stimulus money and hope other people continue spending/risking like nothing is wrong - it's called an illusion.

Uh...what? How does that have anything to do with what I said?

I don't think Bernanke is doing a good job. Everybody blames Obama, but a significant fraction of the blame should go to Bernanke and shit like "Well if two rounds of QE didn't solve the problem, another endless one ought to."


Also pretty doubtful this would be "election propaganda" considering Bernanke was never elected, doesn't get marching orders from the White House, and wasn't appointed by Obama in the first place.
Old 09-13-2012, 12:33 PM Gibonius is offline  
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5ive
 
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Maybe we should start giving money to people instead of banks
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Old 09-13-2012, 02:27 PM 5ive is offline  
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Old 09-13-2012, 02:50 PM Redrum is offline  
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[H]ard|On
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What do you propose instead?
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Old 09-13-2012, 04:31 PM [H]ard|On is offline  
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Gibonius
 
Old 09-13-2012, 04:53 PM Gibonius is offline  
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Christian Shock-Treatment
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Originally Posted by Gibonius View Post
When do we get to bukkake Bernanke for shitty economic performance?

fixt.
Old 09-13-2012, 05:43 PM Christian Shock-Treatment is offline  
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more like QEGayyyy
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Old 09-13-2012, 06:24 PM BlisterDick is offline  
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Killer_B
 
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When do we get to start blaming Bernanke for shitty economic performance?

After He, the banks, and the Ultra-Elite have finished raping the economy AGAIN.

And nobody will be surprised in the least when they simply shrug, and exclaim with extreme indignation,

"HEY. DON'T BLAME US! THE ECONOMY WAS ASKING FOR IT."
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Old 09-13-2012, 08:29 PM Killer_B is offline  
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Ryuuko
 
"Albert Einstein once said "The definition of insanity is doing the same thing over and over again and expecting different results".


QE1,QE2 did not stimulate the economy....why would QE3 do anything?

This time I guess they think doing it every month, ~ 45+ Bliion,is going to help?

What would stimulate the economy...my guess pay off anyone's mortgage...with all the past and future "stimulus's" that could have been done.
Old 09-14-2012, 08:34 AM Ryuuko is offline  
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Straw Man
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Ol'Bukkake was pretty bad, even for your standards. I think you should try Obongo, it's in some ways much more pejorative and it would be more fitting to your constant racist narrative
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Old 09-14-2012, 09:11 AM Straw Man is offline  
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Jack's raging erection
 
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Quote:
Originally Posted by Ryuuko View Post
"Albert Einstein once said "The definition of insanity is doing the same thing over and over again and expecting different results".


QE1,QE2 did not stimulate the economy....why would QE3 do anything?

This time I guess they think doing it every month, ~ 45+ Bliion,is going to help?

What would stimulate the economy...my guess pay off anyone's mortgage...with all the past and future "stimulus's" that could have been done.

They're trying to estimate how much the wealthy are holding offshore (and thus, denying its use in the economy) in order to replace that loss. Think of it as an acid-base neutralization. Add too much, and you fuck it up. Not enough, and it isn't neutralized. Gotta titrate carefully.
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Old 09-14-2012, 09:38 AM Jack's raging erection is offline  
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Ol'Bukkake was pretty bad, even for your standards. I think you should try Obongo, it's in some ways much more pejorative and it would be more fitting to your constant racist narrative

As loath as I am to defend someonesmind, I think he was referring to Bernanke there.
Old 09-14-2012, 11:29 AM Gibonius is offline  
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