Easy way to double the net worth of 60% of all US households

Discussion in 'Politics' started by futurecurrents, Dec 28, 2013.

  1. Maybe it's all about getting older and wiser...

    I am a big fan of this here quote (regardless of whether Churchill ever said it or not):
    “If you're not a liberal at twenty you have no heart, if you're not a conservative at forty, you have no brain.”
     
    #131     Jan 5, 2014
  2. So how is it that you won't touch the two party system as a problem.

    You make confusing statements, indication that you are confused individual.

    Either the government WORKS or it doesn't, you can't have it both ways as you are trying for years.
     
    #132     Jan 5, 2014
  3. And you would know something about that wouldn't ya.

    The powerful minority controlling both Obama and Bush, both parties, except you would never quite say it like that. After all your supervisor is reading your work. Gotta stay loyal :p
     
    #133     Jan 5, 2014
  4. Trickle down is a failed propaganda of the wealthy elite who control the two party system

    I do expect someone like you to fall for it.
     
    #134     Jan 5, 2014
  5. YES we do redistribute wealth.

    We give to the federal reserve, we give it to military industrial complex.

    We fund internet shills and agent provocateurs, we fund false flags and revolutions in other countries.

    YOU GET OUR MONEY and it disgusts me
     
    #135     Jan 5, 2014
  6. And yet your solution is that we close our eyes and suck Obama off. Like you do.

    Sorry, we the people are NOT PART OF WHAT YOU ARE
     
    #136     Jan 5, 2014
  7. Tsing Tao

    Tsing Tao

    Yes, it's me who isn't willing to engage in a conversation. Martin, engaging in a conversation - to you - is when other people are willing to concede your points of views. You never admit to the possibility of ever being incorrect, so how can it be a conversation/debate/discussion?
     
    #137     Jan 6, 2014
  8. Tsing Tao

    Tsing Tao

    LOL...another one. Just use caution. This is only his "personal viewpoint".


    Still unclear exactly how QE eases conditions: Fed's Dudley


    LINK

    (Reuters) - Extensive research into massive asset-purchase programs has not yet clarified whether such policies ease financial conditions primarily as a signal to investors or more directly through private portfolios, an influential U.S. central banker said on Saturday.

    The Federal Reserve is currently buying $75 billion a month in Treasuries and mortgage bonds in its third round of quantitative easing, or QE3, which is meant to ease longer-term borrowing costs in the economy.

    Yet "we still don't have well-developed macro-models that incorporate a realistic financial sector,' William Dudley, president of the New York Fed, told an economics conference.

    "We don't understand fully how large-scale asset purchase programs work to ease financial market conditions, there's still a lot of debate ..." he said. "Is it the effect of the purchases on the portfolios of private investors, or alternatively is the major channel one of signaling?"

    ------------------------

    And since we don't understand, let's just keep bloody doing it!
     
    #138     Jan 6, 2014
  9. Lucrum

    Lucrum


    In the famous words of Buzz Lightyear: "QE to infinity and beyond!"
     
    #139     Jan 6, 2014
  10. Tsing Tao

    Tsing Tao

    Pretty much. We've now had two Fed presidents come out - one said it was meant to boost asset prices (create inflation), and the other said we really don't know how it is effective in easing financial market conditions (though that was exactly what it was slated to do when launched).

    Pretty damned funny stuff if it wasn't so damaging to us.
     
    #140     Jan 6, 2014