#2942077 - 09/13/12 12:08 PM
QE3 is here... $40 billion a month
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JWW4
8 Point
Registered: 06/09/07
Posts: 1759
Loc: Signal Mtn, TN
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Not much surprise here. Bernanke is trying to keep his job. Mitt said he is going to fire him on day one. So to help Obama get re-elected Bernanke injected billions into the system today and die from the suger high after November.
http://www.marketwatch.com/story/fed-to-...ory_latest_news
Check out gold and siver...
http://www.coininfo.com/
Announcement was made at 1pm, gold and silver both take an immediate 5% jump.
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#2942241 - 09/13/12 02:28 PM
Re: QE3 is here... $40 billion a month
[Re: JWW4]
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Rebel
TnDeer Old Timer
10 Point
Registered: 03/16/99
Posts: 4504
Loc: East Tennessee USA
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And the (D)umbmasses will actually think the economy is improving because the media will tell them so.
We are so financially (and morally) bankrupt I'll actually be surprised if this really does make the economy look like it's reviving. Most businesses are still wary of expansion as they fear the government will step in and punish them for being successful.
_________________________
I want my country back...
Deo Duce Vincemus
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#2942269 - 09/13/12 02:51 PM
Re: QE3 is here... $40 billion a month
[Re: Rebel]
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JWW4
8 Point
Registered: 06/09/07
Posts: 1759
Loc: Signal Mtn, TN
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It will make the stock market go up. Most people believe the stock market is the economy so we must be recovering. They don't look at the 46 million on food stamps, 23+ million unemployed, median income is down 3-4k under Obama and 16 trillion we are in debt. They only see one number, the DOW.
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#2943048 - 09/14/12 08:05 AM
Re: QE3 is here... $40 billion a month
[Re: JWW4]
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ChippewaPartners
10 Point
Registered: 08/25/01
Posts: 2919
Loc: Pamelot, my farm near Catoosa
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If you printed $40 on your computer printer, you'd be a counterfeiter. But if you print $40 billion, you're Ben Bernanke.
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#2943062 - 09/14/12 08:15 AM
Re: QE3 is here... $40 billion a month
[Re: ChippewaPartners]
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REM7
8 Point
Registered: 08/19/08
Posts: 2433
Loc: GRUNDY COUNTY
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If you printed $40 on your computer printer, you'd be a counterfeiter. But if you print $40 billion, you're Ben Bernanke.
LMAO. so true
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#2943148 - 09/14/12 09:13 AM
Re: QE3 is here... $40 billion a month
[Re: REM7]
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ChippewaPartners
10 Point
Registered: 08/25/01
Posts: 2919
Loc: Pamelot, my farm near Catoosa
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The plan is to make the EBT card worth more than the people's money and it is working perfectly. Remember the endgame is about power and control, period.
QE3 = Currency Debasement 3 = is a banker bailout in disguise
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#2943851 - 09/14/12 08:25 PM
Re: QE3 is here... $40 billion a month
[Re: ChippewaPartners]
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Hangnail
12 Point
Registered: 11/30/00
Posts: 6148
Loc: Murfreesboro, TN
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Fannie and Freddie are insolvent without periodic taxpayer bailout money, so the Fed decides to buy 40 billion in mortgage backed securities to bolster the economy. That's like buying condoms with holes in them and expecting them to "protect and serve".
Edited by Hangnail (09/14/12 08:26 PM)
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#2943961 - 09/14/12 11:36 PM
Re: QE3 is here... $40 billion a month
[Re: Hangnail]
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Stalkhunter
10 Point
Registered: 07/17/11
Posts: 2960
Loc: Knoxville TN
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From what i heard on Other News it was on news talk radio it will be 84 billion a month, had to go into work missed the rest of interview
_________________________
III/3%
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#2946003 - 09/17/12 10:26 AM
Re: QE3 is here... $40 billion a month
[Re: Stalkhunter]
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LB FANATIC
4 Point
Registered: 03/25/10
Posts: 498
Loc: Middle TN
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This "QE3" effort, is also "unlimited" in the amount of Mortgage backed securities that can be purchased.
Also, Wasnt the original housing mess facilitated by "mortgage backed securities" guess our Gubment can do it better !! LMFAO
_________________________
"I would rather be exposed to the inconveniences attending too much liberty than to those attending too small a degree of it."
~Thomas Jefferson, 1791
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#2946053 - 09/17/12 10:57 AM
Re: QE3 is here... $40 billion a month
[Re: LB FANATIC]
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TOW
10 Point
Registered: 06/29/05
Posts: 4134
Loc: Back 40
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False propping up of the DOW until after the election and then the fall will occur..
Big time fall....
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