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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: TH who wrote (267380)8/9/2010 12:58:10 AM
From: Skeeter BugRead Replies (2) | Respond to of 306849
 
TH, i think we get a QEII bump, too.

the $2.6 trillion to the bankers trial balloon went up a couple weeks ago... they need the money.

QE is just theft - giving cash to the bankers and temporarily storing the toxic waste on the fed's balance sheet until they push it off to fannie and freddie with newly minted debt obligations - then society gets to pay back the $5 trillion with interest.

btw, that $5 trillion in addition to the $13 trillion we already owe and our $1.6 trillion deficits and the guaranteed trillions in SIVs of the major banks and whatever else the SOBs are hiding.

i have a feeling this is all going to be sprung onto us in the same minute and the mutha blows when it does - screwing the citizens and effectively enriching the insiders.

george carlin had it right - the "owners" run the american plantation.

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