Fed should buy as many bonds as neces...

Fed should buy as many bonds as necessary: Rosengren

There are 29 comments on the Reuters story from Aug 7, 2012, titled Fed should buy as many bonds as necessary: Rosengren. In it, Reuters reports that:

A top Federal Reserve official said on Tuesday the Federal Reserve should launch another bond-buying program of whatever size and duration is necessary to get the economy back on its feet, signaling support from some U.S. policymakers for aggressive steps to boost the flagging recovery.

Join the discussion below, or Read more at Reuters.

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Since: Nov 08

Location hidden

#1 Aug 7, 2012
The Fed should drop Dead.
Who do you think got us into this mess??
Ex-GOP Con

San Jose, CA

#2 Aug 7, 2012
Why won’t the ex-governor Mormon Rich Money release his tax returns?

Is it because it will reveal he paid no taxes? Possibly or possibly not, but it’s a little more devious than that.

We may find out that during the recession when he was given the Bush era tax cuts to reinvest in the economy and grow it, he instead shipped those savings into offshore accounts while the economy shrank and the country suffered.

The purpose? Maybe to set up trust funds for his children and grandchildren and earn interest. To guarantee his clan future wealth. Definitely a smart thing to do.

BUT it hardly supports the purpose of the Bush tax cuts which were given to encourage the 1% so-called “job creators” to go out and reinvest their savings into the American people so that the wealth could “trickle down”.

What really ended up happening? The wealth remained trapped in the 1% and shipped overseas to guarantee the survival of their future generations, while the rest of us hard working American middle class were forced to suffer during the recession.

Why won’t the ex-governor Mormon Rich Money release his tax returns? It would reveal why he fights hard for the 1%.
Lance Winslow

San Jose, CA

#3 Aug 7, 2012
Eighthman wrote:
The Fed should drop Dead.
Who do you think got us into this mess??
Dubya.

Since: Nov 08

Location hidden

#4 Aug 7, 2012
Lance Winslow wrote:
<quoted text>Dubya.
Dubya had a democratic senate AND house that harpooned him and ruined this country. Study history you stupid queer.
Gunnery Sgt Hartman

Bluffton, SC

#5 Aug 7, 2012
Are the Chinx floating bonds? If so buy them. Those commie bastar'ds have a growing economy thanks to us.
Mothra

Peoria, AZ

#7 Aug 8, 2012
Ex-GOP Con wrote:
[spam omitted]
Hmmm... without the spam you're just wasting bandwidth.

Oh wait, SPAM does waste bandwidth.

Never mind.
Clint Eastwood

Petersburg, VA

#8 Aug 8, 2012
Lance Winslow wrote:
<quoted text>Dubya.
Would that be with Obama in the Democorat majority Congress? LMAO!!!
Obama can't keep running from his record in the Senate and now his Failed Presidency. It's a Haunting.
Clint Eastwood

Petersburg, VA

#9 Aug 8, 2012
Eighthman wrote:
<quoted text>Dubya had a democratic senate AND house that harpooned him and ruined this country. Study history you stupid queer.

Obama was one of the Dirty Democrats in the Senate ruining the Country. Pelosi and Reid too. The same cast of bad characters continues to infect government.
Clint Eastwood

Petersburg, VA

#10 Aug 8, 2012
Ex-GOP Con wrote:
Why doesn't topix ban me for spamming?


Who knows?
Clint Eastwood

Petersburg, VA

#11 Aug 8, 2012
Obama's Federal Reserve is printing money night and day to prop up his failed presidency. Doing so creates a "Bubble" and it's going to burst sooner or later.
Gravediggers

United States

#12 Aug 8, 2012
Are gas prices rising?

Are food prices increasing?

Is your home still devalued?

Is the USA a divided country, instead of a united country?

NO in NOvember

NO to OWEbama

END and ERROR in 2012
okie dokie

Yorktown, VA

#13 Aug 8, 2012
why wont odumbo release his college records or his birth cert.? dumb-ss
Telmark

Chico, CA

#14 Aug 8, 2012
Clint Eastwood wrote:
<quoted text>
Who knows?
It doesn't long to realize that Topix has a vested interest in allowing the likes of harvey.responsibility.Ex-GOP Con.barbara.Mykro.Billy Ringo, etc, etc, etc, to post the same progressive liberal propaganda on these forums.

You'll also notice that all of these same progressive liberal posters rotate "in and out" every few days or so.

Different screen names, same old progressive liberal propaganda.

Btw, whoever writes this prog lib propaganda obviously has a hand in writing Obama's teleprompter scripted speeches.

But then again, lib propaganda is just about the only thing Obama and his followers can spew these days due to his failure to make good on most, if not all, of his promises...

“Open your eyes”

Since: Sep 09

Central Florida

#15 Aug 8, 2012
Gunnery Sgt Hartman wrote:
Are the Chinx floating bonds? If so buy them. Those commie bastar'ds have a growing economy thanks to us.
That is a general misconception regarding China. Their economy has been contracting for 3 years now. They have divested 97% of all US holdings and they started their second round of quantitative easing.

The entire system globally is collapsing. The ponzi scheme can no longer support itself.

“Open your eyes”

Since: Sep 09

Central Florida

#16 Aug 8, 2012
Lance Winslow wrote:
<quoted text>Dubya.
*sigh*

You think any elected or "selected" official has any control over the private bank that is not Federal and has nothing in Reserve? If so, your dellusional.

Since: Dec 08

Kerrville, TX

#17 Aug 8, 2012
Telmark wrote:
<quoted text>
It doesn't long to realize that Topix has a vested interest in allowing the likes of harvey.responsibility.Ex-GOP Con.barbara.Mykro.Billy Ringo, etc, etc, etc, to post the same progressive liberal propaganda on these forums.
You'll also notice that all of these same progressive liberal posters rotate "in and out" every few days or so.
Different screen names, same old progressive liberal propaganda.
Btw, whoever writes this prog lib propaganda obviously has a hand in writing Obama's teleprompter scripted speeches.
But then again, lib propaganda is just about the only thing Obama and his followers can spew these days due to his failure to make good on most, if not all, of his promises...
I have often wondered if they are paid propagandists or are they just delusional? I really think that they are paid because I just cannot see how a literate person could possibly be so ignorant and blind to reality.

“Open your eyes”

Since: Sep 09

Central Florida

#18 Aug 8, 2012
Seeing some of these posts just goes to show that people have absolutely no clue what the Federal Reserve is and who has the actual control of issuing the US Dollar. It also appears that people have no clue how we get our money.

Well, wake up call people. Your money in your pocket and in your bank is not your money. It is a loan. With interest applied. Every $1 dollar in your pocket and in your bank is a loan from the Federal Reserve to the US Government with interest applied. It's an IOU. And you are paying for that loan. Interest and principle. Your are a slave of debt. We all are a slave a debt. The world is a slave of debt. Not for a US Dollar, but, A federal Reserve Note. Look at some cash in your pocket.

Surprise. The banks own you. You work for them.

Thomas Edison said in 1921 in the NY Times,

“That is to say, under the old way any time we wish to add to the national wealth we are compelled to add to the national debt."

“Now, that is what Henry Ford wants to prevent. He thinks it is stupid, and so do I, that for the loan of $30,000,000 of their own money the people of the United States should be compelled to pay $66,000,000 — that is what it amounts to, with interest. People who will not turn a shovelful of dirt nor contribute a pound of material will collect more money from the United States than will the people who supply the material and do the work. That is the terrible thing about interest. In all our great bond issues the interest is always greater than the principal. All of the great public works cost more than twice the actual cost, on that account. Under the present system of doing business we simply add 120 to 150 per cent, to the stated cost."

“But here is the point: If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good makes the bill good. The difference between the bond and the bill is that the bond lets the money brokers collect twice the amount of the bond and an additional 20 per cent, whereas the currency pays nobody but those who directly contribute to Muscle Shoals in some useful way."

”… if the Government issues currency, it provides itself with enough money to increase the national wealth at Muscles Shoals without disturbing the business of the rest of the country. And in doing this it increases its income without adding a penny to its debt."

“It is absurd to say that our country can issue $30,000,000 in bonds and not $30,000,000 in currency. Both are promises to pay; but one promise fattens the usurer, and the other helps the people. If the currency issued by the Government were no good, then the bonds issued would be no good either. It is a terrible situation when the Government, to increase the national wealth, must go into debt and submit to ruinous interest charges at the hands of men who control the fictitious values of gold."

“Look at it another way. If the Government issues bonds, the brokers will sell them. The bonds will be negotiable; they will be considered as gilt edged paper. Why? Because the government is behind them, but who is behind the Government? The people. Therefore it is the people who constitute the basis of Government credit. Why then cannot the people have the benefit of their own gilt-edged credit by receiving non-interest bearing currency on Muscle Shoals, instead of the bankers receiving the benefit of the people’s credit in interest-bearing bonds?”

Now, let's look at Article 1 section 8
"To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures"

“Truth to Power!”

Since: Apr 07

La Plata, MD

#19 Aug 8, 2012
Ex-GOP Con wrote:
Why do I hear voices?

Coo-Coo! Cooo-Coo! Coo-Coo!

Coo-Coo! Cooo-Coo! Coo-Coo!


Coo-Coo! Cooo-Coo! Coo-Coo!


Coo-Coo! Cooo-Coo! Coo-Coo!


Coo-Coo! Cooo-Coo! Coo-Coo!






Look out for the Con-man! He's going to POP!





Ex-GOP Con

San Jose, CA

#20 Aug 8, 2012
Mothra wrote:
<quoted text>
Hmmm... without the spam you're just wasting bandwidth.
Oh wait, SPAM does waste bandwidth.
Never mind.
You must be stupid. Or new around here. We're supposed to post the same thing over and over and over and over and over again here.

See Personality Disorder #4 below:

Topix Index to the Message Boards and RINO Party Members:

(You’re guaranteed to run across one of these personality disorders.)

==========

1) The Habitual Liar: Bluebonnets-Thistle

http://www.topix.com/forum/us/politics/TU2SCT...

2) The Sandusky Lover Suffering from Tourette’s: JohnInLa

http://www.topix.com/forum/us/politics/TU2SCT...

3) The Sandusky Loving Off-Topic Frenchman: Le Jimbo

http://www.topix.com/forum/us/politics/TRU90N...

4) The Sandusky Loving Spammer: The Laughing Liberal

http://www.topix.com/forum/us/politics/T3VIR5...
Gravediggers

United States

#21 Aug 8, 2012
Wonder if this will also include Euro Bonds. Obama will be using American tax dollars to prop up Greece, Italy, Spain and other European countries with a failed economy.

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