Showing posts with label The Fed. Show all posts
Showing posts with label The Fed. Show all posts

Monday, June 18, 2012

This'n'That; June Eighteenth #1; Bailouts Continue

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!?!
Til Nex'Time....

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Saturday, October 1, 2011

"Clown Prince" Weekly Blather; October 1st

A Patriotic Response To The "Clown Prince;" 10/01/2011
barackingham Palace,
District of Corruption
October 1, 2011
    Hello, everyone. It’s been almost three weeks since I sent the American Jobs Act to Congress – three weeks since I sent them a bill that would put people back to work and put money in people’s pockets. This jobs bill is fully paid for. This jobs bill contains the kinds of proposals that Democrats and Republicans have supported in the past. And now I want it back. It is time for Congress to get its act together and pass this jobs bill so I can sign it into law.   Some Republicans in Congress have said that they agree with certain parts of this jobs bill. If so, it’s time for them to tell me what those proposals are. And if they’re opposed to this jobs bill, I’d like to know what exactly they’re against. Are they against putting teachers and police officers and firefighters back on the job? Are they against hiring construction workers to rebuild our roads and bridges and schools? Are they against giving tax cuts to virtually every worker and small business in America?
[What I'm not telling you: It has been almost three weeks, and I still can't cajole--even bribe, 'under the table'--the first owe-bamacRAT to sponsor this bill on the House floor!!  Those of my party--as well as those evil republicRATs--realize this bill is nothing more than "PORKulus Three;" the direct opposite of what this country needs.   The previous PORKulus bills--masquarading as jobs, as economic boosting bills--were supported by the socio-fascists as well as the republicRAT communists because of promised pay-offs for organizations (read: UNIONS) amongst their constituencies.  They ignored the best direction for the country to take for the sake of kick-backs to those who 'got the vote out' for them during that amazing "Tea Party" movement toward a more conservative, constitutionalist federal government!!
    I've been promoting this bull bill as a side-bar to my governmentally-financed campaign stops.   This "PORKulus Three" spending will continue the country down the current path toward a 'Nazi-Amerika;' much like the social spending, the social control, the racial divides, the class warfare popularized by Fuhrer Adolf Hitler in the 1920s, '30s and '40s Nazi-Germany.
    Most citizens in the United States have not the slightest inkling as to how federal, state, county or local funding takes place, or to whose benefit.  I'm playing on that lack of knowledge as I push forward this complete fraud that is the ZERO-bama 'American Jobs Act' legislation (as opposed to the Louie Gohmert 'American Jobs Act' bill).  I continually speak of the teachers, the policemen and the firemen as being those career fields the American citizen is willing to foresake as they try to counter my socio-fascist bent.  Actually my friends, those three career fields--as well as many others--are paid for or supplemented by funds from the county, city, school-district, fire-district; funds which are made up of tax-confuscations from the citizens of each political subdivision.  If the voter is not well-versed on these subdivisions and their funding mechanisms, he or she could easily fall into the trap that is 'socio-fascist blather!'   Beside this funding subterfuge, no one seems to remember all those construction jobs, all those poor bridges, all those poor roads, all those poor school buildings.... they were considered 'shovel-ready' projects that 'plug' biden and I touted during and after the debate and passage  of "PORKulus Two (the $787Billion one)."  For those with short memories, "PORKulus One" was the TARP Program that rewarded all our Wall Street 'friends; those evil, rich, pasty-white guys!' 
    Some are getting wise, realizing that my definition of "tax-cuts" is nothing more than shifting the funding burden from one group of taxpayers to another group and back to the orginal group.  Of course I understand that any corporate tax I increase--or institute--is nothing more than a hidden shift from the taxpayer to the corporation, whch inturn, shifts it back to the taxpayer through their increased wholesale and retail pricing structures.  Good Luck With That !!]
    Economists from across the political spectrum have said that this jobs bill would boost the economy and spur hiring. Why would you be against that? Especially at a time when so many Americans are struggling and out of work.  This isn’t just about what I think is right. It’s not just about what a group of economists think is right. This is about what the American people want. Everywhere I go, they tell me they want action on jobs. Every day, I get letters from Americans who expect Washington to do something about the problems we face.  Destiny Wheeler is a sixteen year old from Georgia who wants to go to college. She wrote to me saying, “Now-a-days it is hard to see myself pushing forward and putting my family in a better position, especially since the economy is rough and my starting situation is so poor. Yet, the American Jobs act gives me hope that I might start to receive a better education, that one day job opportunities will be open for me to grasp, and that one day my personal American Dream will be reached.” Destiny needs us to pass this jobs bill.  Alice Johnson is an Oregon native who, along with her husband, has been looking for a job for about two years. She writes, “I have faithfully applied for work every week…Of the hundreds of applications I have put in, I received interview requests for about 10…I too, am sick of all the fighting in Washington DC. Please tell the Republicans that people are hurting and are hungry and need help, pass the jobs bill.” Alice Johnson needs our help.  Cathleen Dixon sent me pictures of the aging bridge she drives under when she takes her kids to school in Chicago every day. She worries about their safety, and writes, “I am angry that in this country of vast resources we claim that we cannot maintain basic infrastructure. How can we ever hope to preserve or regain our stature in this world, if we cannot find the will to protect our people and take care of our basic needs?”  I also heard from Kim Faber, who told me about the small carpet business her husband owns in New Jersey. “We hang on by a shoe String,” she writes, “my husband worries every day about if checks might bounce, he uses our home loan to put money in the business so they will be covered. Please pass this jobs bill! This is the job creating we need right now! It breaks my husband’s heart when he has to let people go! Pass the bill!”  Kim said it best: Pass the bill. I know one Republican was quoted as saying that their party shouldn’t pass this jobs bill because it would give me a win. Well this isn’t about giving me a win, and it’s not about them. This is about Destiny Wheeler and Alice Johnson. It’s about Cathleen Dixon’s children, and the Fabers’ family business. These are the people who need a win, and I will be fighting for this jobs bill every day on their behalf. If anyone watching feels the same way, don’t be shy about letting your Congressman know. It is time for the politics to end. Let’s pass this jobs bill.
[What I'm not telling you:  With enough financial and economic bribery, I can have any segment of the American population say anything I want said! The Keynesian economists--currently in vogue--believe that active government intervention in the marketplace and monetary policy is the best method of ensuring economic growth and stability.  Actually, even I know these actions have failed every time they've been tried!!  What is not readily realized is the personal--as well as the economic--control the federal government exerts over the population with the Keynesian policies we're trying to institute.
    As usual, I trot out these examples of the worst effects of the current Keynesian policies in force.  It's well understood--by those in the "Tea Party" movement as well as many, many others--that less federal spending, fewer federal regulations, less racial warfare, less class warfare, a far smaller federal government would be instrumental in the country's recovery.  All most need is the opportunity to succeed without the intervention, the strangle-hold the federal government has on personal responsibility, on the will to succeed.  The federal government--meaning George Soros, The Fed, The Bilderberg Group and I--has all-but-killed "The American Dream."
    It's widely known--but not acknowledged by the regime--that the vast majority of communications between the taxpayer and his or her representative and senator are highly opposed to the "PORKulus Three" jobs act!!  Our internal polling as well, is indicating that--as Rush Limbaugh says--Mickey Mouse would win the next presidental vote!!]

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Thursday, September 22, 2011

This'n'That; September Twenty-Second #2; The Fed

AGAIN-Fed Displays Classic 'Insanity!'
    The Federal Reserve Chairman Ben Bernanke is going ahead with continuation of his insane idea of 'Quantitative Easing,' as a result of the latest meeting of the Federal Open Market Committee. This time, Bernanke is buying more Treasury securities to reduce long-term interest rates.  The net effect here will be:
Penalizing 'savers' who will suffer from the resultant falling interest rates.
Penalizing bond holders and other investors in fixed-rate securities.
Continue the rising inflation rates, at a faster rate.
Put more consumers into houses they cannot afford; have no inclination of paying for.
   The Fed's mission--should they decide to accept it--is to control inflation and insure maximum employment; conversely, the lowest unemployment rate possible.  Apparently, the Fed has decided NOT TO ACCEPT!  Nearly everything done by The Federal Reserve; done by the current regime, has exacerbated both problems!
    Let's have a look at how the various statistics are derived; how the various statistics are contrived to achieve the desired goal:
The 'official unemployment rate (U-3)' is those unemployed for four weeks.  The rate is determined by the number of unemployed, divided by the number of jobs available. 
The "Clown Prince ZERO-bama, The Narcissist" regime has used two types of 'adjustments' to achieve their politically-inspired results.  The regime has--at least once--reduced the total labor force numbers to make the U-3 rate to appear to be improving.
The "Clown Prince ZERO-bama, The Narcissist" regime has--at least once--shifted an undetermined number of the unemployed from the U-3 category to the U-4, U-5 and/or U-6 categories, thus reducing the U-3 'official' rate.
    Due to the blatant dishonesty and obfuscation by the "Clown Prince ZERO-bama, The Narcissist" regime, one would be advised to periodically check the Gallup organization's tracking of various statistics, providing a more honest; more believeable picture of the national economy.  The regime would like you to believe the August, 2011 U-3 rate to be 9.1%; the U-6 rate to be 16.2%  The Gallup people have found them to be 9.8% and 18.3%, respectively.
    This regime, The Fed as well as members of Congress--politicial parties, aside--continue to feed the American people the government brand of pablum; anything that is more pleasing to the ear and eye, than is the actual situation!
Til Nex'Time....

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