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Politics : President Barack Obama

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To: tejek who wrote (132965)4/17/2013 7:38:54 AM
From: RetiredNow  Read Replies (1) of 149317
 
So if he wants to improve things for the 99%, why doesn't he ask Bernanke to give all those trillions in newly printed dollars to the 99% instead of to the banks? -- mindmeld
How would that be good for the nation? - tejek

How is giving trillions to the banks good for the nation? You believe in this trickle down theory that giving trillions to banks through QE and ZIRP will somehow benefit the 99%, despite all the evidence to the contrary. If you believe in money printing as the path to prosperity, why not just take a more direct path and give all those newly printed dollars straight to the 99%?
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