Showing posts with label quantitative easing. Show all posts
Showing posts with label quantitative easing. Show all posts

Tuesday, March 12, 2013

This'n'That; March Twelfth #1; Rep Gohmert

Ya Jis' Gotta Love That Louie Gohmert!
    This guy is always thinkin'!!  Seems to me that Louie's thoughts are usually in the arena of fairness.  He's suggesting that as long as the tours of barackingham Palace have been suspended due to secastration seQUEStration, "Clown Prince" obama should fund his own dam' play-dates!  I agree so far as it went.
    I think the right-thinking Congress should take the Gohmert suggestion and expand it exponentially to include our ruler, the House as well as the Senate:
1.  So long as there's no current budget in force the aforementioned should experience:
    a.  First year-no franking (postal) privileges.
    b.  Second year-add no senate/house dining privileges/Camp David privileges.
    c.  Third year-add no funded travel to anywhere, for any reason.
    d.  Fourth year-add no further pay or cash allowances.
2.  So long as there's no balanced budget, the aforementioned should experience no international travel--defined as beyond the borders of the 'lower-48'--for ANY federal workers: hired, appointed or elected, AT ANY AND ALL LEVELS.
3.  So long as the Federal Reserve Chairman (currently, Mr Bernanke) continues to print money for 'quantative easing' all elected and appointed federal workers will incrementally forfeit 1% per month for each $10billion increment in wasteful printing.  This month that would be 8.5% of March's pay and allowances.  The Federal Reserve has been printing $85billion per month for several months which does little more that prop up the stock market and the catastrophic obamaconomy.
    There are many more instances that could strangle "Clown Prince" obama's inept mismanagement until he's kicked off 'his throne' or until the economy recovers from it's marxist transgressions.  Each of these penalties would and should inspire the working-class to financially, figuratively and really KICK EACH RULING-CLASS MEMBERS' ASS up-and-down-the-street until they understand that we--said working-class--are fed up with our money being wasted DAILY!  The referenced ruling-class are not--and never were--entitled to just spend OUR MONEY, willy-nilly, as though it just falls from the sky!!
Comments, anyone?
Til Nex'time....
Reference "Lie-Barry:"
http://www.washingtontimes.com/news/2013/mar/6/gohmert-tells-obama-no-white-house-tours-then-no-g/
http://hobnobblog.com/congress-by-the-numbers/pay-and-perquisites-of-members-of-congress-including-a-history-of-house-and-senate-salaries/
http://www.thecapitol.net/Publications/congdeskbook.html
http://www.ntu.org/tax-basics/ntu-vault/congressional-perks/congressional-perks.html
http://www.the-office.com/545.htm
http://www.ehow.com/list_6758498_benefits-received-members-congress_.html
http://www.investors.com/andrew-malcolm
http://news.investors.com/politics-andrew-malcolm/012612-599002-obama-white-house-staff-back-taxes.htm?Ntt=taxes
http://latimesblogs.latimes.com/washington/2010/09/congress-taxes-irs.html

allvoices

allvoices

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....

allvoices

allvoices

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....

allvoices

allvoices