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Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow

 
--Voltaic--

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12/11/2012 08:51 PM

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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
If buying shady mortgage paper created jobs, wouldn't the economy have been stimulated for the past 10 years?

Insanity: doing the same thing over and over again and expecting different results.
 Quoting: Anonymous Coward 29591931


Doing the same thing over and over again means it is very profitable for some people out there.
Do your absolute best and the rest is fate.
Anonymous Coward
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12/11/2012 08:51 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
They are buying your homes for pennies on the dollar.....and we just let them.
Anonymous Coward
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12/11/2012 08:51 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
Wheat more valuable than barley.

Duly noted.
Anonymous Coward
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Mongolia
12/11/2012 08:53 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
If buying shady mortgage paper created jobs, wouldn't the economy have been stimulated for the past 10 years?

Insanity: doing the same thing over and over again and expecting different results.
 Quoting: Anonymous Coward 29591931


They aren't exactly expecting the same results...

YOU ARE!

They know exactly what is going to happen.

They just tell you (the sheeple) that they believe in different results and you (the sheeple) believe them and in turn expect different results.

The ones who are really crazy are the ones letting them get away with this BS for so long, 100 years now.
1doh1
Anonymous Coward
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12/11/2012 08:53 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
Doing the same thing over and over again means it is very profitable for some banks out there.

Fixed it for you.
TSWB21

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12/11/2012 08:53 PM

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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
Tomorrow is 12/12/12 = 333

uhoh
 Quoting: Anonymous Coward 29666187


isn't that skull and bones day?

Happy holidays
Meow...
User ID: 3650237
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12/11/2012 08:54 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
Go for it,MotherFuckers. Not much damage left to do.
Obutthole will be known,not only as the LAST president of the good old USA,but the one who put the knife in her heart.
RIP,old Friend.
Carbide

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12/11/2012 08:54 PM

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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
wow you print money and buy mortages with it
i guess their not hurting
 Quoting: lasvegasteddy


Soon they will own all the F'en land and all the money...
Carbide
shadasonic

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12/11/2012 08:54 PM

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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
Tomorrow is 12/12/12 = 333

uhoh
 Quoting: Anonymous Coward 29666187


The last time we'll ever see a repetitive date
“One of the saddest lessons of history is this: If we’ve been bamboozled long enough, we tend to reject any evidence of the bamboozle. We’re no longer interested in finding out the truth. The bamboozle has captured us. It’s simply too painful to acknowledge, even to ourselves, that we’ve been taken. Once you give a charlatan power over you, you almost never get it back.” – Carl Sagan
Anonymous Coward
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12/11/2012 08:55 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
We need an Economic Jesus to absolve all of the debt so the world can have a fresh start. lol jk thats impossible were fucked.
 Quoting: iwinallday


Not impossible!! :)

This years' will be a Very Merry Christmas !

I know you look forward to it. It's been some time coming. Everything in its time. Remember to share & help each other. Secrets bring dis-ease. Hear the bell ring. Have faith. Trust in one another.

x
Dapurps

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12/11/2012 08:56 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
Get ready for $5 ramen.

I heard what sounded like a voice from among the four living creatures, saying, "One day's ration of wheat for a day's wage, or three day's ration of barley for a day's wage! But don't damage the olive oil or the wine!"


Revelation 6:6
 Quoting: Anonymous Coward 29591931


Thank fucking fuck the wine will remain the same price. To bad my beer will be expensive.

Moonshine here we come!
"What you perceive to be becomes your reality."

:ftwpanda:

dapurps
Anonymous Coward
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12/11/2012 08:56 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
They aren't exactly expecting the same results...

YOU ARE!


I know you are speaking to me personally, because I am not vested in US dollars, real estate or stocks in any way.
AdHocBOHICA

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12/11/2012 08:56 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
The Federal Reserve will amplify record accommodation tomorrow by announcing $45 billion in monthly Treasury buying that will push its balance sheet almost to $4 trillion, according to a Bloomberg survey of economists.

Forty-eight of 49 economists predict the Federal Open Market Committee will purchase Treasurys to bolster an existing program to buy $40 billion in mortgage bonds each month. The panel pledged in October to continue that plan until the labor market improves "substantially."

"It's going to be massive and open-ended in size," said Joseph LaVorgna, chief U.S. economist at Deutsche Bank Securities Inc. in New York and a former New York Fed economist.

Chairman Ben S. Bernanke and his FOMC colleagues will press on with purchases at least through the first quarter of 2014, according to the median estimate in the Dec. 7-10 survey. They are expanding the balance sheet beyond $2.86 trillion in a bid to spur growth and lower an unemployment rate of 7.7 percent.

"They view this stimulus as what's needed to sustain the economy" and reinforce improvements in industries such as autos and housing, said John Silvia, chief economist at Wells Fargo & Co., the biggest U.S. home lender.

[link to www.bloomberg.com]
 Quoting: waht


Thunk on it then, Fuck-stick...........who cares?
Bluebird

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12/11/2012 08:59 PM

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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
This also devalues the dollar by 4% a month so figure what is ahead can you say 5 dollar loaf of bread. and if we do not settle the over the cliff problem 5 days after Chritmas 4 million people will lose unemployment.
 Quoting: Liberty 112


And yet we are being told there is no inflation to speak of!

The prices on the store shelves say otherwise but the corrupt press refuses to cover this aspect of Obama's faile economy.
One of the most important aspects of conspiracy theories is being able to discern when there isn't one.

Oh yeah, like you'd understand anyway.

Where are we going and why am I in this handbasket?. . .J. Handy
DILKe

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12/11/2012 09:00 PM

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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
Tomorrow is 12/12/12 = 333

uhoh
 Quoting: Anonymous Coward 29666187


Oh shit!!!!


doomed
Here is a list of 8 things to look for when trying to identify false flag psychological operations.
1. Staged events usually receive immediate national news coverage
2. There is a political agenda behind the coverage (gun control)
3. The incident inspires intense emotions (Dead kids)
4. Initial media reports conflict eyewitness accounts
5. No dead bodies are shown to the public
6. Celebrities are used to influence the public
7. Presence of mainstream media manipulation tactics
8. The Federal Government give attention to a local story

Question Everything.

When any institution is infiltrated by liberals, that institution no longer serves it's original purpose and instead becomes a social engineering vehicle to push a far left fascist agenda. Liberty and liberals are like oil and water.
Anonymous Coward
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12/11/2012 09:05 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
when do i get a ballout from my depts, some of which i am fixing to lose??
Anonymous Coward
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12/11/2012 09:09 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
come and see
Anonymous Coward
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12/11/2012 09:14 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
All the members of the "Federal" Reserve Board should have their hooked noses rammed through their carotid arteries.......
Anonymous Coward
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12/11/2012 09:15 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
the current economic paradigm is madness. it does not make any sense. why has the dollar not collapsed?
Anonymous Coward
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12/11/2012 09:16 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
This is already a guarantee...85 billion/months starting in Jan...done deal. We're screwed...question is when. Could go on awhile longer.
Col. Angus
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12/11/2012 09:18 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
So will my gold be worth more or not FFS?
Butt Pincher

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12/11/2012 09:19 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
We need an Economic Jesus to absolve all of the debt so the world can have a fresh start. lol jk thats impossible were fucked.
 Quoting: iwinallday


Economic Jesus says.. it's all play money.. it has no real value to the FED.. or the elite.. they can just print more.. it's not relevant to any goal on their agenda.. it's for control only.. unthinkable to you.. but only because you give them that power over you..
Etta

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12/11/2012 09:20 PM

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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
Your gold should be worth more, yes, dollar wise. But if the dollar is worth less...
“Expectations are the root of all heartache”
Anonymous Coward
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12/11/2012 09:20 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
In layman's terms...what's this mean for a schmuck like me?
 Quoting: Anonymous Coward 29163876


Well did anyone Kiss you?
 Quoting: icyman61


SmileyWink
Saddletramp
We Don't Rent Pigs...

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12/11/2012 09:20 PM

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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
If the Fed does this, it's a trigger that they truly believe the U.S. Economy is in dire trouble...
 Quoting: Saddletramp


So, 4 years running of ZIRP, and 3 continuous QE programs which have nothing but lifted the stock market to highs shy of 2008 are not indicative that the economy is in dire trouble?

Oh wait, they laundered trillions in fraudulent mortgages for the biggest banks during that time so I guess all is not lost.

gasp
 Quoting: Anonymous Coward 961432


All of that, and yet we are still running depression type numbers in poverty and real unemployment...

But hey, that stock market is looking good...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
TymeTraveller

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12/11/2012 09:22 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
what happened to their charter ending in December?
 Quoting: Holton0289


Exactly what I've been thinking about lately.

What the FUCK!!

Why is this not even in the news?
 Quoting: Anonymous Coward 1306067


Gawd, will guys get off this! There is no 99-year charter to renew. THAT's why no one is talking about it.

The FR was created by an Act of Congress in 1913. It initially had a 20-year charter. In the late 20s, another Act of Congress extended the charter "in perpetuity." So, until another Act of Congress dissolves it, The Fed goes on.

I repeat. THERE IS NO 99-YEAR CHARTER TO RENEW.

Sheesh.
iwinallday

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12/11/2012 09:23 PM

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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
We need an Economic Jesus to absolve all of the debt so the world can have a fresh start. lol jk thats impossible were fucked.
 Quoting: iwinallday


Not impossible!! :)

This years' will be a Very Merry Christmas !

I know you look forward to it. It's been some time coming. Everything in its time. Remember to share & help each other. Secrets bring dis-ease. Hear the bell ring. Have faith. Trust in one another.

x
 Quoting: Anonymous Coward 29667712


Its hard to have faith in a government that no longer represents the words it was founded upon. But your words are touching so thank you, and have a Merry Christmas also.
“When injustice becomes law, resistance becomes duty.”

-- Thomas Jefferson

"My 2nd Amendment will Die with Me"

-- iwinallday
iwinallday

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12/11/2012 09:25 PM

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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
We need an Economic Jesus to absolve all of the debt so the world can have a fresh start. lol jk thats impossible were fucked.
 Quoting: iwinallday


Economic Jesus says.. it's all play money.. it has no real value to the FED.. or the elite.. they can just print more.. it's not relevant to any goal on their agenda.. it's for control only.. unthinkable to you.. but only because you give them that power over you..
 Quoting: Butt Pincher


So stop paying your electric bill and see what happens... just for shits and grins lets see what happens lol
“When injustice becomes law, resistance becomes duty.”

-- Thomas Jefferson

"My 2nd Amendment will Die with Me"

-- iwinallday
AC 5341

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12/11/2012 09:30 PM

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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
They are buying your homes for pennies on the dollar.....and we just let them.
 Quoting: Anonymous Coward 14564403


Then they are taking those homes/land/defunct corporations and selling them to the Chinese for quarters on the dollar in exchange for interest on the notes owed. No debt paydown. The banks get their cha-ching back and the Chinese get our land.
Anonymous Coward
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12/11/2012 09:30 PM
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Re: Forty-eight of 49 economists say the Federal Reserve could do the unthinkable tomorrow
Too bad its always for the banks and Wall Street. Want to get the economy going? Refinance peoples personal debt to the 0.25% interest rate that Wall Street banks pay for money.
 Quoting: Fred 29293291


This makes too much sense. It's the rich get richer game, not the we should fix our mess one.
I know there are a lot of hard working people that earned everything they got, but the one's in charge do not fit in this category. At the rate the Fed is hitting control+p we will all be billionaires soon.
Welcome to the Banana Republic of the United States.
-----------------------------------------------------------

Wonder how many more of my fellow Americans are going to be sucking on the Gov. tit after this? Not by choice but out of necessity. How is this supposed to lower unemployment? I guessing by not counting them anymore. Printing to stop inflation is the most backfuckward idea ever. Eat shit Ben!

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