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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (129050)	4/5/2012 2:54:27 PM
From: JakeStraw	9 Recommendations Respond to of 224759

>>Obama has a higher approval rating than the Supreme Court. What the heck are you like 10 years old?! You truly are an idiot!!

To: Kenneth E. Phillipps who wrote (129050)	4/5/2012 3:10:46 PM
From: Sedohr Nod	5 Recommendations Respond to of 224759

Which would poll better....eating a hershey bar or going to the dentist?....maybe dentists should be declared unconstitutional.......I'm getting your drift here......watch out for a process server with commitment papers, avoid strangers in white lab coats.

To: Kenneth E. Phillipps who wrote (129050)	4/5/2012 4:07:43 PM
From: locogringo	4 Recommendations Respond to of 224759

Yo, kenny_troll, how much do you think Jorge is going to clean up from ABC, NBC, and CNN? I hope he goes after you too! The guy is a private citizen, not a public figure, and you and your psychotic liberal press hung the guy in public without a trial and edited written and visual and audio transcripts. I hope he cleans out all 4 of you RACIST GOONS. He may be guilty................I don't know.............but I DO know that you and the press don't know either. Now you may go back to popping your bubblegum and telling us how popular Obama (THE TOTAL IDIOT) is.

To: Kenneth E. Phillipps who wrote (129050)	4/5/2012 4:14:51 PM
From: locogringo	4 Recommendations Respond to of 224759

Yo, kenny_troll. Is this the response that you said would never be given, in response to an ORDER by the 5th circuit that you said never happened? What do you know these days? DUH? foxnews.com But then, you don't trust sites that post TRUTH and FACTS.

To: Kenneth E. Phillipps who wrote (129050)	4/5/2012 4:21:04 PM
From: joefromspringfield	8 Recommendations Respond to of 224759

Kim Kardashian More Popular Than President Obama. foreign.peacefmonline.com

To: Kenneth E. Phillipps who wrote (129050)	4/5/2012 5:33:16 PM
From: TideGlider	4 Recommendations Respond to of 224759

WSJ: Fed Buying 61 Percent of US Debt Wednesday, 28 Mar 2012 11:08 AM By Julie Crawshaw and Forrest Jones The Federal Reserve is propping up the entire U.S. economy by buying 61 percent of the government debt issued by the Treasury Department, a trend that cannot last, Lawrence Goodman, a former Treasury official and current president of the Center for Financial Stability, writes in a Wall Street Journal opinion article published Wednesday. "Last year the Fed purchased a stunning 61 percent of the total net Treasury issuance, up from negligible amounts prior to the 2008 financial crisis," Goodman writes. Goodman also warns that U.S. economy and markets are “at risk for a sharp correction” if conditions aren’t “normalized.” "This not only creates the false appearance of limitless demand for U.S. debt but also blunts any sense of urgency to reduce supersized budget deficits." Read more: WSJ: Fed Buying 61 Percent of US Debt Editor's Note: You Deserve to Know What Obama and Bernanke Are Hiding From Americans The U.S. government is growing increasingly more dependent on borrowing to finance itself, with net issuance of Treasury securities hitting 8.6 percent of gross domestic product (GDP) on average per annum, more than double levels before the crisis. Fed intervention in the government debt market makes demand for Treasury bonds appear higher than it really is, as foreign creditors and other investors have fled U.S. government debt instruments and are looking elsewhere until the government makes serious attempts to curb spending and narrow its gaping deficits. Goodman notes that foreign investors like Japan and China that once scooped up U.S. debt are shunning it. In 2009, such foreign purchases of U.S. debt amounted to 6 percent of GDP and has since falled by over eighty percent to a paltry 0.9 percent. Without foreign buyers and a shrinking base of U.S. corporate and bank buyers, the Treasury has had to resort to the Federal Reserve itself to make the purchases. The Fed purchasing not only makes up the shortfall, but can keep long term interest rates artificially low. "The Fed is in effect subsidizing U.S. government spending and borrowing via expansion of its balance sheet and massive purchases of Treasury bonds. This keeps Treasury interest rates abnormally low, camouflaging the true size of the budget deficit," Goodman writes. "Similarly, the Fed is providing preferential credit to the U.S. government and covering a rapidly widening gap between Treasury's need to borrow and a more limited willingness among market participants to supply Treasury with credit." Political bickering on both sides of the aisle has prevented politicians from cutting spending and undertaking fiscal reform. Arguing over the role of tax hikes versus spending cuts hit a fever pitch in 2011, when both sides in Congress waited until the last minute to agree to terms surrounding lifting the government's debt ceiling. Should fiscal bickering return, expect investors in U.S. debt who are not employed at the Federal Reserve to take note, other experts say. "If people dig in, the polarization will get worse, and that could be the worst outcome for markets," says Eric Stein, vice president and portfolio manager at Eaton Vance in Boston, according to Reuters. Read more: WSJ: Fed Buying 61 Percent of US Debt

To: Kenneth E. Phillipps who wrote (129050)	4/5/2012 9:40:23 PM
From: Ann Corrigan	6 Recommendations Respond to of 224759

And why did you feel you had to make up that new fact? Just read a headline saying Americans have started to buy more painkillers than ever before. You do realize who's causing them to feel so much pain don't you? It's Obama's miserably failed policies. They get instant headaches filling their gas tanks, buying food for their families and when it's constantly necessary for them to skip eating out because car fuel has eaten up those $$s.