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What did you say? I was distracted by the Dow being up over 15,000.
Not that a poster and his constant whines about..... everything..... is exactly a must read. (You might think about changing your material and your rants about liberals. If your readership is down it's because you are so utterly predictable. Yawn.)
Keep watching the Dow.
Quote:
Fed Chairman Ben Bernanke endured some hostile questioning in Congress last week. At one point, responding to a question about QE by Republican Congressman Lynn Westmoreland, Bernanke was explaining “[quantitative easing] doesn’t involve any new spending or revenue,” when he was cut off by Westmoreland, who said “oh, I got you, just money printing, right?” The Fed Chairman’s demeanor froze for a second, after which he continued “it’s acquiring securities in order to reduce interest rates and ease financial conditions in the economy,” tacitly accepting the “money printing” comment.
“The U.S. government is guaranteeing all mortgages, and then buying them up,” explained Schiff, “it’s an artificial market, but the Fed, rather than Lehman Brothers, owns it.”
Schiff incredibly agrees with what has become a mainstream opinion: the Fed is behind this rally, both in stocks and bonds, and even in real estate markets. Yet Schiff differs in that, while most believe the Fed-induced rally has “training wheels” that can later come off, the Fed’s support “are the
only wheels” keeping the market going, and removing them will spark a crash.
Then he is sure just finding out about so much lately. His favorite answer is, he did not know, he will check into it, blah blah blah.
I have a very hard time believing Obama did not know about what the IRS was doing or who they were targeting. Was not born yesterday, as some.
Obama never knows anything though, you notice. This administration reaps with lies and deceit, and no it is not acceptable.
Obama knows nothing about accepting responsibility and being accountable for his own screw ups.
Harry Truman is rolling over in his grave over the president never being accountable accept as a one liner to say in front of the cameras.
This administration is so corrupt, but his supporters enable the corruption. They always defend him, even when it is clear that he is wrong. They deify him, refuse to fault him, etc...
What did you say? I was distracted by the Dow being up over 15,000.
Not that a poster and his constant whines about..... everything..... is exactly a must read. (You might think about changing your material and your rants about liberals. If your readership is down it's because you are so utterly predictable. Yawn.)
What exactly has Obama done to make the Dow go over 15,000? Please cite exactly which Obama policies have accomplished this and how they were a benefit. Can you do that? That's rhetorical BTW......
This narcissist will never admit anything other than how many times he can repeat "I" in a speech.
Now there is no there there there...can you believe a sitting POTUS could utter such jibberish at a press conference ? That is worse than is is isn't it and these liberal idiots on CD cry about my pronunciations....
What did you say? I was distracted by the Dow being up over 15,000.
Not that a poster and his constant whines about..... everything..... is exactly a must read. (You might think about changing your material and your rants about liberals. If your readership is down it's because you are so utterly predictable. Yawn.)
Talk to me when unemployment drops below 5%(the real indicator of how the economy is doing).
Schiff has been wrong before. I looked into setting up an investment account at his firm after he predicted the crash. For whatever reason, he doesn't tend to be right.
He's got some pretty good podcasts though.
Quote:
Originally Posted by Tilt11
If you ask me what’s my biggest disappointment, it’s that we haven’t changed the tone in Washington as much as I would have liked,” Obama said.
CBS News's Steve Kroft then asked him: “And you don’t bear any responsibility for that?”
Obama said, “Oh I think that, you know, as president I bear responsibility for everything--to some degree.”
I mean aren't people a little bothered that we have a President responsible for nothing? I mean even if what he says is true it is very scary. Take the AP scandal if as the Justice Dept says they monitored the APs phones due to a national security threat how come the Oresident is learning about it this past Friday?
What did you say? I was distracted by the Dow being up over 15,000.
Not that a poster and his constant whines about..... everything..... is exactly a must read. (You might think about changing your material and your rants about liberals. If your readership is down it's because you are so utterly predictable. Yawn.)
You were distracted by the illusion of prosperity made possible by a crashing currency.
Maybe you can buy Park Place and Boardwalk now, but how much gold can you buy?
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(You might think about changing your material and your rants about liberals. If your readership is down it's because you are so utterly predictable. Yawn.)
