Quote:
Originally Posted by jms62
Matt if they don't do QE3 and the markets ****ing tank big time going into November how do you think that would have helped Obama? Jimmy Rogers feels the same way, Bernanke did it to keep his job. We shall see. I see it as a ****ing boondoggle. Think about the law of unintended consequences, Fed is saying they will keep doing it until the labor market improves. The net affect is that it will inflate the markets and put a floor under it. Greedy bastard CEO's are the ones that will seriously profit from this. Why would they hire?
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The Fed hopes this will create another housing bubble that won't pop for another decade or two. It as if the fed thinks our nation's economy should mirror Florida's in the early part of its decade when credit was easy and everyone could be a real estate speculator.
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Still trying to outsmart me, aren't you, mule-skinner? You want me to think that you don't want me to go down there, but the subtle truth is you really don't want me to go down there!
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09-14-2012, 09:44 PM
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