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....
Showing posts with label GDP growth. Show all posts
Showing posts with label GDP growth. Show all posts
Monday, June 18, 2012
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