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What conspiracy.? I guess the liberal media doesn't want to talk about how bad the country is really doing.. keeping you in the dark... It is reality. it is a housing crisis.. look at trulia.. one city alone, Orlando has 14,000 foreclosures listed today.
Yep and those folks will lose their homes because the judges who have their pensions invested in these same MBS pools need to make em whole. Evidence........banks don't need no stinking evidence. Who knows how many times they have been paid over and over for these fake securities and trusts starting with the TARP and now all this QE nonsense over and over. Hell they probably don't even know. The trail is so lost on where all these securities and trusts lead nobody knows. It's the biggest ponzie scheme ever created and when it crashed and burned the taxpayers are bailing em all out. Most or too gdam stupid to even see it and call it a conspiracy theory now. Unbelievable.
MTATech is right about needing inflation. We do need inflation right now, so many Americans are in debt up to their eyeballs we need inflation to pay off the billions that Americans hold in private debt. Lowering the value of the dollar also makes it less desirable to ship jobs to China. However, when Americans finally start to pay their debt down, we need to start shrinking the money supply slowly to raise the value of the dollar again. That's my view
Bullcrap we NEED inflation. Are you insane? People are starving and losing their homes and you want to make it harder for everyone and this inflation is being created to bail out the ones who have stolen their homes in the first place. YOu need help.
Let the banks eat their losses. Pouring 40 billion dollars a month to bail out the crooked securities and trusts these folks created on the backs of folks who see their dollars buying less is complete BS.
Let the banks eat their losses. Pouring 40 billion dollars a month to bail out the crooked securities and trusts these folks created on the backs of folks who see their dollars buying less is complete BS.
Actually, I'm gonna back peddle on what I said. Start imposing tariffs and end free trade, now. We don't need inflation, we need tariffs to counteract cheap overseas labor. Make the tariffs high enough that the products would cost as much as if it was produced domestically
Bullcrap we NEED inflation. Are you insane? People are starving and losing their homes and you want to make it harder for everyone and this inflation is being created to bail out the ones who have stolen their homes in the first place. YOu need help.
Everyones paycheck gets smaller when much more money goes into the gas tank, the food bill, health insurance etc.. leaving little money to spend on other things to get the economy going..
If we paid $10 dollars a gallon and it costs $50 a day to get to work , there would be no money left for anything else . The pizza place has no customers, the dry cleaning shop will not get the customers, the movie house would be empty.
Obama and his energy Czar wants $10 a gallon for gas. how is that suppose to help the economy?
MTATech is right about needing inflation. We do need inflation right now, so many Americans are in debt up to their eyeballs we need inflation to pay off the billions that Americans hold in private debt. Lowering the value of the dollar also makes it less desirable to ship jobs to China. However, when Americans finally start to pay their debt down, we need to start shrinking the money supply slowly to raise the value of the dollar again. That's my view
No they either need to go bankrupt and let the bank that made the bad loan eat it, or they need to work harder and pay off the debt...
It's too late now though, THE RULE OF LAW has been abandoned...
The full faith and credit of the USA is not backed by the FED or the government, it's backed by the people...
The people have gone insane and their broke...
The charade will end soon and there will be nobody big enough to bail out the USA...
So pick your next dictator in the next election, that is if they can keep the government running....
Let the banks eat their losses. Pouring 40 billion dollars a month to bail out the crooked securities and trusts these folks created on the backs of folks who see their dollars buying less is complete BS.
Inflation also means that wages rise.
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