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To: Fiscally Conservative who wrote (44994)	1/30/2013 8:59:09 PM
From: Vendit™	Respond to of 220651

I am not taking sides on this debate but say that all of your points are on target concerning the Fed activity. Obama on more than one occasion openly stated that he is a Socialist (Progressive Party same as Hitler) and that he wants to Take Down our current Economic System and start over. What the hell does that mean? It looks like he is moving the US to his idea of a Utopian Dictatorship. I wonder if HE will be the next JFK Dallas…….

To: Fiscally Conservative who wrote (44994)	1/31/2013 12:12:59 AM
From: Kirk ©	1 Recommendation Read Replies (2) \| Respond to of 220651

I disagree. So in essence, the taxpayer is bailing out the banks! ONLY savers are hurt by low rates. Taxpayers are getting saved from higher taxes to support the deficit spending. Most tax payers are not savers... Printing money dilutes its value, thus a tax on savers. If the Fed let rates float to market value and didn't print money... tax payers would have to pay triple taxes or lose their jobs as we plunge into a deep recession. Savers and bears HATE the Fed because they were sitting in cash rather than equities and other risk assets. so they financed the bailout... Those of us who were smart, saw what was happening and diversified so we had cash to use in market crashes AND significant funds in risk assets like stocks have done great since the return on our risk assets has crushed the losses to inflation adjusted returns on our "safe assets" like CDs and USTs.