Fed moves to boost weak US economy

Fed moves to boost weak US economy

There are 37 comments on the West Australian story from Sep 13, 2012, titled Fed moves to boost weak US economy. In it, West Australian reports that:

The Federal Reserve has announced bold, open-ended steps to stimulate the US economy and reduce high unemployment, saying it will spend $US40 billion a month to buy mortgage-backed securities for as long as necessary.

Join the discussion below, or Read more at West Australian.

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“Proud To Be An American”

Since: Apr 07

Location hidden

#1 Sep 13, 2012
This costly move says just how screwed up the economy is and speaks volumes about the incompetence of the obama administration...

Romny/Ryan 2012
Tony

Broken Arrow, OK

#2 Sep 13, 2012
If it helps the economy it is good. Republicans say their are plenty of jobs but Americans will not take them so they must think the economy is doing good. So why is Romney crying about the economy and jobs. He must be lying as usual for political purposes.
Ex-GOP Con

United States

#3 Sep 13, 2012
Good for them. The 1% obviously aren't doing their job with their Bush tax cuts savings by shipping the tax savings into overseas offshore accounts. Spend away to keep the economy going.
3OHA

San Jose, CA

#4 Sep 13, 2012
Sounds like another Ponzi Scheme bailing out the very people responsible for floating loans to stupid people, q.v. Obama and his suing Citibank. Part of the result will be the increased inflation such policies always impose.

“Life is Good”

Since: Nov 08

Perpignan

#5 Sep 13, 2012
Ex-GOP Con wrote:
Good for them. The 1% obviously aren't doing their job with their Bush tax cuts savings by shipping the tax savings into overseas offshore accounts. Spend away to keep the economy going.
pumping inflations is not going to give us jobs......this is the third stimulus and none have worked.....it is only to pump obama and Wall Streets pocket and buy votes.....this will only slow the economy further. Jobs were down again today.
conservative crapola

Whitehall, PA

#6 Sep 13, 2012
Le Jimbo wrote:
<quoted text>pumping inflations is not going to give us jobs......this is the third stimulus and none have worked.....it is only to pump obama and Wall Streets pocket and buy votes.....this will only slow the economy further. Jobs were down again today.
Stock market UP, 401k's UP, housing values UP, consumer confidence UP......rugby:'things are lousy because I say so'.

hahahahahahahahaha

“Proud To Be An American”

Since: Apr 07

Location hidden

#8 Sep 13, 2012
conservative crapola wrote:
<quoted text>
Stock market UP, 401k's UP, housing values UP, consumer confidence UP......rugby:'things are lousy because I say so'.
hahahahahahahahaha
Attention crap!!! You act like a little snot nosed baby who sees a rattle...Your little hands and feet start jumping around whenever obama dangles a turdsandwich in front of your ignorant face...They don't call 'em trinket promises and sugarcoated poop for nothing bozo. They are worthless...just like you.

Since: Mar 11

Baton Rouge, LA

#9 Sep 13, 2012
Unemployment UP......been over 8% since...since Obama was elected.

Obama= unemployment
Dan Salazar

Long Beach, CA

#10 Sep 13, 2012
Fed move was devastating but Fed Chair is only an Obama operative so he doesn't care about the negative consequences of his actions on lower and middle class families.
turn your head and cough

Southampton, NY

#11 Sep 13, 2012
Obama is the hernia in America's balls. Vote for the elective surgery to have him removed this November 6th.

“"I'm A Great American!"”

Since: Sep 08

Obama Nation! USA! USA!

#14 Sep 14, 2012
conservative crapola wrote:
<quoted text>
Stock market UP, 401k's UP, housing values UP, consumer confidence UP......rugby:'things are lousy because I say so'.
hahahahahahahahaha
Poor teabaggers. It seems like they want the economy to tank because then they can gripe about the President they hate. But you're right, 401ks are up, the stock market is about where it was before the Bush economic meltdown, & the Fed's action should help with jobs.

President Obama will likely win reelection November 6th. Early voting starts soon, the President is ahead, and there are fewer and fewer undecided voters every day.

And the clock is running down.

Tick, tock, tick, tock....

“Life is Good”

Since: Nov 08

Perpignan

#15 Sep 14, 2012
conservative crapola wrote:
<quoted text>
Stock market UP, 401k's UP, housing values UP, consumer confidence UP......rugby:'things are lousy because I say so'.
hahahahahahahahaha
Consumer confidence is at an all time low.....as you know.....but hey what's another lie for the odoodle....it's what he survives on.

“Life is Good”

Since: Nov 08

Perpignan

#16 Sep 14, 2012
PooPoo Platter wrote:
<quoted text>
Poor teabaggers. It seems like they want the economy to tank because then they can gripe about the President they hate. But you're right, 401ks are up, the stock market is about where it was before the Bush economic meltdown, & the Fed's action should help with jobs.
President Obama will likely win reelection November 6th. Early voting starts soon, the President is ahead, and there are fewer and fewer undecided voters every day.
And the clock is running down.
Tick, tock, tick, tock....
I heard Obama's backers made a mint.....are the wall street boys going to give him another 42 million for his island retreat with Vera Baker.

“Life is Good”

Since: Nov 08

Perpignan

#17 Sep 14, 2012
conservative crapola wrote:
<quoted text>
Stock market UP, 401k's UP, housing values UP, consumer confidence UP......rugby:'things are lousy because I say so'.
hahahahahahahahaha
The only things up for Obama are dead embassey workers and inflation.CARTER CORRECTS OBAMA...
----------
More protests break out in Muslim world...Daisy Cutter time.
----------
Anti-American protests spread to Iran... oh wow, that's new.
----------
FEDERAL AUTHORITIES OUT ANTI-MUSLIM FILMMAKER...
oh my.......if killed OBAMA CAN ADD ANOTHER NOTCH TO HIS GUN

AP:'Not immediately clear' if he's being investigated...

FBI Warns of Violence in America... can we carry live ammo?
----------
REPORT: Marines not permitted live ammo at embassy in Egypt.........it's sure not the polls..
conservative crapola

Quakertown, PA

#18 Sep 14, 2012
Le Jimbo wrote:
<quoted text>
talking points email mumbo jumbo
WVB

United States

#19 Sep 14, 2012
I wish I could print money whenever my wallet was empty. What could possibly go wrong?

“"I'm A Great American!"”

Since: Sep 08

Obama Nation! USA! USA!

#20 Sep 14, 2012
The Laughing Lobotomy hallucinating here as Le Jimbo wrote:
<quoted text>I heard Obama's backers made a mint.....are the wall street boys going to give him another 42 million for his island retreat with Vera Baker.
LOL!!! He doesn't need an island, Laughing Lobotomy. He has Hawaii!

He should spend all of December there, celebrating the Holidays, and his reelection...
Dane Thorsen

Long Beach, CA

#21 Sep 14, 2012
conservative crapola wrote:
<quoted text>
Stock market UP, 401k's UP, housing values UP, consumer confidence UP......rugby:'things are lousy because I say so'.
hahahahahahahahaha
Ben Bernancke forces American taxpayers to make a $40,000,000,000 dollar per MONTH campaign contribution to Obama to shield Americans from the horrific impact of Obama's Marxist Collectivist agenda on the American Economic Recovery.
Eleanor

Mundelein, IL

#24 Sep 14, 2012
All this will do with cause PRICES to RISE <inflation>

The stock market will artificially go up, due to inflation.

Home prices will artificially go up, due inflation.

Everything will appear to be hunky dory, except that gas at the pump will go higher, housing costs higher, food higher and those WITH JOBS will need to find ANOTHER job just to keep up with this MESS!!

Since: Feb 10

Location hidden

#25 Sep 14, 2012
Quanitative easing is designed to destroy the economy.

40 billion dollars a month is NOT stimulus. That money goes to buy worthless counterfeit derivatives which will 'kill' the economy.

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