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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: CashWhore who wrote (481956)	4/11/2012 5:18:33 PM
From: Sdgla	2 Recommendations Read Replies (1) \| Respond to of 794209

Help me out... Your post doesn't point out Romney stealing. As far as the bankers and the fed... I agree.

To: CashWhore who wrote (481956)	4/11/2012 6:29:42 PM
From: skinowski	2 Recommendations Read Replies (1) \| Respond to of 794209

Agree that the Fed "regulating" rates is a mess. They lowered the rates - presumably to save us from... lower consumer prices, which they call deflation, aka the end of the world. In the meantime, the government used those low rates to take on a variety of commitments, which they could not have been able to "afford" otherwise. It appears that by now the Fed and the government are both slaves of the insane situation which they created -- if the Fed will stop printing (and buying bonds), the government will go bankrupt. (it is even possible that the politicians might have to fire some public employees and cut some expenditures..... Oh horror of horrors). When politicians get their hands on some money, there is no doubt that they'll "invest" a good part of it in their buddies and their pet projects. When choosing between Romney and Obama, there is no doubt that with Romney the nation would have a better chance of returning to stability.