obama Regime Bailed Out AGAIN!!
As reported on the Marketwatch website, the Fed will once again bail out the owe-bama Regime's failing and failed economic policies. The Federal Reserve intends to spend lots of money THEY DON'T HAVE--so they're just gonna print it--to buy various U.S. government securities which are backed by money WE DON'T HAVE--so we (read: owe-bama) just borrowed it from the Chinamen!!
Michala Marcussenm, the head of global economics for Societe Generale (a French bank) expects the Federal Reserve to invest 40% of the money THEY DON'T HAVE in mortgage-backed securities; 60% of the money THEY DON'T HAVE in U.S. Treasuries. Ms Marcussenm expects owe-bama's clowns to revise their growth outlook guess from the current 2.7% in GDP growth downward to the French bank's--probably more accurate--guess of 1.8%! The total--this round--of the Federal Reserve's mistaken quantative easing program will be $600 Billion THEY DON'T HAVE. The Fed may also increase it's Operation Twist-in-the-Wind program by $150 Billion THEY DON'T HAVE!
'Splain to me again why YOU elected this verdammte Arschloch!?!