Bernake Killing Middle Class

Discussion in 'Economics' started by Hitnruntrader, Mar 12, 2008.

  1. ZBEAR

    ZBEAR

    Annie Leonard.........The Production Cycle............http://www.storyofstuff.com/

    Great Stuff.

    The only thing she left out was
    the Fat Cat at the top, it not just XYZ Corporations.
    It's the Ruling Elite.

    Better have a fast horse tied up at the back door
    if you speak that to many folks.......they don't wanna hear it.
    As change accelerates....more people will be willing to
    take a look at this however.....cause something's gotta give.

    Regards,
     
    #81     Mar 13, 2008
  2. I'm not sure where you get this information from.

    The FED has NOT been printing money. The TAF's are temporary repurchase agreements and so are the latest actions announced by the FED yesterday . . . the main difference being the fact that the FED is finally allowing and facilitating the transfer of some "good" collateral ( Treasuries ) onto the balance sheets of the banks that are unable to make loans anymore because their "good" collateral has already been all "pledged-out".

    Again, the FED has NOt been printing money.
     
    #82     Mar 13, 2008

  3. Are you serious. Wow, I guess I dont know that much about this stuff. I need to take an economics course or something.

    I always thought they called him helicopter Ben cuz of them printing and throwing so much money around???

    Has the wool been pulled over my eyes? Or have I just been misinterpreting everything for the last few years. I was under the impression that the Fed has been printing tons of cash and that is a big part of why there is so much inflation and the US$ is collapsing?
     
    #83     Mar 13, 2008
  4. Landis, did you suck a cork thru your colon?
     
    #84     Mar 14, 2008
  5. ORM

    ORM

    I find this whole thing rather tragic. The land of the free turned into the land of the powerful. The middle class and lower classes pays the bill for the rich and famous, who get more each year. For crying out loud... American citizens cant even trade without having 25k. Cant even own a foreign stock without having a company.

    The problem started when Greenspan lowered the rate to almost zero, and the printing press started moving. Now this money is being used to buy oil, gold and food, driving prices higher.

    Bush solution to hte problem??? Print more money by lowering taxes and increase deficit

    Bernankes solution??? Print more money

    I cant believe this is actually happening. For the first time of my life Im actually concerned about the US economy, and ive seen some crisis.

    OR
     
    #85     Mar 14, 2008
  6. dcvtss

    dcvtss

    Their "good" collateral? Are you fucking kidding? The fed is valuing and monetizing assets that have no value on the open market which is different from printing money how?
     
    #86     Mar 14, 2008
  7. Right on; I always suspect that Landis82 is working for the fed. :D

    Even these so called assets has any value; fed's actions will delay interest payments; in return these amount liquidity will leaked out into the market; and it has been growing.
     
    #87     Mar 14, 2008
  8. not only are the banks out of collateral, the banks are using borrowed funds as collateral.

    something that would land anyone else in jail.

    is it Ponzi or Ponzee?
     
    #88     Mar 14, 2008
  9. ZBEAR

    ZBEAR

    Boys, we got a WOLF in the hen house.
    .........and we better be doing something about it.......NOW.
    .....(don't ask me what - wish I knew )

    Regards,
    .
     
    #89     Mar 14, 2008
  10. Ha Ha... Who let the WOLVES in.. who uh who who....? Some one left the farm's door open..

    Wolf is not the only problem. Many of these chickens are not ours.
    and their owners are thinking about pulling them out and moving them to a different farm.
     
    #90     Mar 17, 2008