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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (118858)	8/21/2012 2:29:47 PM
From: tejek	Read Replies (1) \| Respond to of 149317

Rep. Steve King: I’ve Never Heard Of A Girl Getting Pregnant From Statutory Rape Or Incest Rep. Steve King, one of the most staunchly conservative members of the House, was one of the few Republicans who did not strongly condemn Rep. Todd Akin Monday for his remarks regarding pregnancy and rape. King also signaled why -- he might agree with parts of Akin's assertion. King told an Iowa reporter he's never heard of a child getting pregnant from statutory rape or incest. "Well I just haven't heard of that being a circumstance that's been brought to me in any personal way," King told KMEG-TV Monday, "and I'd be open to discussion about that subject matter." read more................... 2012.talkingpointsmemo.com

To: RetiredNow who wrote (118858)	8/21/2012 2:30:28 PM
From: Road Walker	Read Replies (2) \| Respond to of 149317

I'm not in favor of any more policy response. I'm not sure I am either... wait and see I think is the best policy right now.

To: RetiredNow who wrote (118858)	8/21/2012 3:31:13 PM
From: ChinuSFO	Read Replies (1) \| Respond to of 149317

Hey MM, I just heard Paul Ryan utter the same words that you and steve harris, have been using for the past three months. Words like corporate cronyism, government choosing winners and loser etc. Did he steal the phrases from you? I would love for government to do what Obama has advocated, which is to make everybody a winner. That is what they are doing in China and other socialist countries.

To: RetiredNow who wrote (118858)	8/21/2012 4:46:20 PM
From: Sr K	Read Replies (1) \| Respond to of 149317

Reinvesting principal is neutral. Doing what you suggest, "let the Fed balance sheet unwind without reinvesting the proceeds", is the opposite of stimulus. There will be a time to not reinvest principal, and let the balance sheet unwind. That time is not now, and the Federal Reserve knows what it's doing. That time cannot be until after January 1, after the last-minute actions by Congress are known. The "fiscal cliff" is potentially stimulative or constraining. The Fed acts in broad strokes and would never get into a position to be whipsawed by the election results or by the lapse of tax cuts and their reinstatement, partial or otherwise, by the next Congress.