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Politics : President Barack Obama
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To: John Vosilla who wrote (123128)10/9/2012 8:20:31 PM
From: RetiredNow  Read Replies (2) of 149317
 
Right. I agree. I remember during the crisis, it was a confusing and scary time. So hindsight is all we have now. In retrospect, there's a lot of things done poorly. I'm ok with the mistakes. Hell, I was ok with Obama's $800B stimulus back then and am still ok with it now. However, what I'm against is that we continue crisis remedies 4 years after the crisis. The extraordinary actions by the Fed are wholly unwarranted and are serving to disrupt the pricing mechanisms in the free markets, which can ultimately serve to destroy far more than it is intended to resurrect. The Fed can't solve our problems. They have done all they can. This latest round of infinite QE should never have happened.
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