Fed unveils bold, open-ended steps to...

Fed unveils bold, open-ended steps to aid economy

There are 19 comments on the Seattle Post-Intelligencer story from Sep 13, 2012, titled Fed unveils bold, open-ended steps to aid economy. In it, Seattle Post-Intelligencer reports that:

The Federal Reserve unleashed a series of bold and open-ended steps Thursday designed to stimulate the economy by boosting the stock market and making it cheaper for people to borrow and spend.

Join the discussion below, or Read more at Seattle Post-Intelligencer.

Eleanor

Vernon Hills, IL

#1 Sep 13, 2012
"making it cheaper for people to borrow and spend"

Isn't this what CAUSED all the problems??

People borrowing more money than they can pay back?

This certainly WILL stimulate the economy ONLY AS LONG as people don't dig themselves a DEBT HOLE they can't get out of (from borrowing too MUCH money)
xnutmegger

Phoenix, AZ

#2 Sep 13, 2012
Yeah , Monetary Easing 3.0.
You didnt build that

Rohnert Park, CA

#3 Sep 13, 2012
Dear Fed.

PLEASE DON'T TRY TO HELP.

Since: Apr 08

Location hidden

#4 Sep 13, 2012
Eleanor wrote:
"making it cheaper for people to borrow and spend"
Isn't this what CAUSED all the problems??
People borrowing more money than they can pay back?
This certainly WILL stimulate the economy ONLY AS LONG as people don't dig themselves a DEBT HOLE they can't get out of (from borrowing too MUCH money)
"AS LONG as people don't dig themselves a DEBT HOLE they can't get out of (from borrowing too MUCH money)"

You mean like Obama has done??
RESISTANCE IS FUTILE

Minneapolis, MN

#5 Sep 13, 2012
All for the sake of wall street dow nastdag and ass & poor as always. The indexes seems to have hit a snag so they need stimuli to keep the darn thing going up. Isd therer anything in it forn us fixed income weho pays taxes we couldn't afford?
Ralph

Grand Rapids, MI

#6 Sep 13, 2012
The fed reserve is going to buy obozo's second term for a mere 40 billion a month.

Since: Feb 07

Whitman,Ma

#8 Sep 13, 2012
Maybe they know Romney is going to win so they are overloading his economy to get even.
E Pluribus Unum

Noblesville, IN

#9 Sep 13, 2012
Eleanor wrote:
"making it cheaper for people to borrow and spend"
Isn't this what CAUSED all the problems??
People borrowing more money than they can pay back?
This certainly WILL stimulate the economy ONLY AS LONG as people don't dig themselves a DEBT HOLE they can't get out of (from borrowing too MUCH money)
U wanna search 4da DEBT HOLDER ;-000h, dont' liked Fed reserve book of blahahahaha;-00
E Pluribus Unum

Noblesville, IN

#10 Sep 13, 2012
xnutmegger wrote:
Yeah , Monetary Easing 3.0.
IMF 3.0.;-000000
E Pluribus Unum

Noblesville, IN

#11 Sep 13, 2012
Ralph wrote:
The fed reserve is going to buy obozo's second term for a mere 40 billion a month.
Fed reserve note debts..........more)......!;-0 000

“Liberal Teachers ruin Kids”

Since: Mar 09

Paradise Valley Arizona

#12 Sep 13, 2012
Wake up USA wrote:
Maybe they know Romney is going to win so they are overloading his economy to get even.
Thursday, September 13, 2012

The Rasmussen Reports daily Presidential Tracking Poll for Thursday shows Mitt Romney attracting support from 47% of voters nationwide, while President Obama earns 46% of the vote. Three percent (3%) prefer some other candidate, and five percent (5%) are undecided.

62% Say The Economy Is In A Recession

Employment Index Falls to Ten Month Low

Just 16% See A Better Future for Today's Children

36% Say Economy Will Be Weaker A Year From Now

Florida: Romney 45%, Obama 43%

65% See Another 9/11 As Possible in Next 10 Years

Since: Aug 08

Location hidden

#13 Sep 13, 2012
The Federal Reserve a preferred crooks country club...shut em down like a bad casino for fixing.

“Liberal Teachers ruin Kids”

Since: Mar 09

Paradise Valley Arizona

#14 Sep 13, 2012
Tax Payer View wrote:
The Federal Reserve a preferred crooks country club...shut em down like a bad casino for fixing.
Amen, well stated

Andrew Jackson was the only President that had enough guts to do it

Since: May 11

Location hidden

#15 Sep 14, 2012
Eleanor wrote:
"making it cheaper for people to borrow and spend"
Isn't this what CAUSED all the problems??
People borrowing more money than they can pay back?
This certainly WILL stimulate the economy ONLY AS LONG as people don't dig themselves a DEBT HOLE they can't get out of (from borrowing too MUCH money)
What about the people who just want to get a job, buy food, and have someplace to live?
Eleanor

Vernon Hills, IL

#16 Sep 14, 2012
PayThat CEO wrote:
<quoted text>
What about the people who just want to get a job, buy food, and have someplace to live?
What does cheap, easy loans have to do with getting a job, buying food and having someplace to live?

Borrowed money eventually needs to be repaid.

Attempting to stimulate the economy with "borrowed money" is what the government tried (unsuccessfully) to do.

Since: Aug 08

Location hidden

#17 Sep 14, 2012
Vance1 wrote:
<quoted text>
Amen, well stated
Andrew Jackson was the only President that had enough guts to do it
They got the message and they know we're on to 'em...

Since: Aug 08

Location hidden

#18 Sep 14, 2012
One across the bow...

“Liberal Teachers ruin Kids”

Since: Mar 09

Paradise Valley Arizona

#19 Sep 14, 2012
Tax Payer View wrote:
<quoted text>
They got the message and they know we're on to 'em...
Amen, now we require a man with those same guts, and that surely isnt BHO, we simply can not have a socialist in power
conservative crapola

Zionhill, PA

#20 Sep 14, 2012
Vance1 wrote:
<quoted text>
Friday September 15, 2012:

Dow UP, 401k's UP, housing UP, consumer confidence UP, rugby negatives UP....

FL

Obama 49
rugby 44

Virginia

Obama 49
rugby 44

Ohio

Obama 50
rugby 43

hahahahahahahaha

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