Five hundred billion more, freshly printed, absolutely valueless, dollars. It’s being fronted as a boost to the economy through funneling money to the mega banks, who will then presumably buy more of Fannie and Freddie’s marginal and junk mortgages in the form of securities and bonds.
What they are doing is absolute Keynesian garbage. People all over the country have used basic economics to figure out that flooding the marketplace with cheap dollars is going to create inflation, which may be a handy way to to retire some debt if you’re the government but, as usual, with total disregard of the effects it would have on the average American citizen.
Cheaper dollars = inflation, and if vast and rapid spending cuts are not undertaken by the new majority we may face hyperinflation. Memo to the new Conservative majority: We want the Fed and the over-educated leftists running the whole shooting match stopped. And yeah, we know you’ve got your agenda and yeah, we agree with most everything on it… as a matter of fact we insist.
This Fed thing needs immediate intervention. It’s the leftist straw dog line emerging here again… stimulating the economy. In fact, as has been proven time after time in country after country, it just doesn’t work.
Liberal economics do not create wealth. It does not promote security or prosperity. The result of Marxist economic policies invariably creates a pall of poverty and want, a degradation of life quality and the inevitable erosion of the moral fiber of the country. Better we fight the fight here and now.
No compromises, no more, or else.
Share on Facebook 1 1 SHARES In a move sure to excite millennials everywhere, the University of Texas police issued a disorderly conduct citation to a preacher for the heinous crime of “offending someone.” What’s more, the preacher in question was not even ON campus, he was just near campus and directing his voice TOWARDS the campus. The preacher named Joshua, who was an intern | Read More »
To combat the ability of terror groups to attract teenagers (note: there has only been one variety of terrorist doing this in the United States) the FBI has set up a website. It seems obviously incomplete
Share on Facebook 1 1 SHARES In almost all cases, when it comes to running an enterprise, most on the Right would agree that the private-sector can do a better job than the federal government. Moreover, in almost all cases, most on the Left would disagree with the above statement. So, why is it that the nation’s air traffic controllers’ union is ready to back | Read More »
Share on Facebook 1 1 SHARES This is what it is. A rumor. But it is a rumor sufficiently well-placed that Bill Kristol feels comfortable running with it: Trump 32; Cruz 26; Rubio 20; Bush 10; Carson 7; Kasich 2. Keep in mind this is not an internal campaign poll but one that will be published in the next day or so. Compare and contrast | Read More »
Share on Facebook 1 1 SHARES Nothing has been more disingenuous this entire campaign season – including Donald Trump’s entire schtick – than John Kasich pretending to be a nice guy for like a week in New Hampshire. Kasich got away with it because New Hampshire voters are apparently more addicted to heroin than previously believed, and also because everyone was busy watching Trump, Cruz, | Read More »