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lonestar2004
Live to party,work to affordit.



Registered: 10/03/04
Posts: 8,978
Loc: South Texas
Last seen: 13 years, 1 month
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Fed: says QE3 "may get discussed"-
#13888091 - 02/01/11 02:42 PM (13 years, 3 months ago) |
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Feb 1 (Reuters) - The Federal Reserve could debate extending its bond-buying program beyond June if U.S. economic data prove weaker than policymakers expect, Kansas City Fed President Thomas Hoenig said.
Another round of bond buying "may get discussed" if the numbers look "disappointing,"
http://www.reuters.com/article/2011/02/01/usa-fed-hoenig-idUSN0111833720110201
if the numbers look "disappointing," 
Good news for all the fat bankers and wall street big shots that live in New York with Zappa....
Bad news for the starving people all over the world and $4.00 dollar a gallon gas this summer will bring a lot of pain to many poor Americans... 
just think that without Zimbabwe style printing they couldn't raise the debt ceiling because they would have no way to pay for it!!!
-------------------- America's debt problem is a "sign of leadership failure" We have "reckless fiscal policies" America has a debt problem and a failure of leadership. Americans deserve better Barack Obama
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zappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 11 months
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Re: Fed: says QE3 "may get discussed"- [Re: lonestar2004]
#13888254 - 02/01/11 03:10 PM (13 years, 3 months ago) |
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Quote:
lonestar2004 said: Feb 1 (Reuters) - The Federal Reserve could debate extending its bond-buying program beyond June if U.S. economic data prove weaker than policymakers expect, Kansas City Fed President Thomas Hoenig said.
Another round of bond buying "may get discussed" if the numbers look "disappointing,"
http://www.reuters.com/article/2011/02/01/usa-fed-hoenig-idUSN0111833720110201
if the numbers look "disappointing," 
Good news for all the fat bankers and wall street big shots that live in New York with Zappa....
Bad news for the starving people all over the world and $4.00 dollar a gallon gas this summer will bring a lot of pain to many poor Americans... 
just think that without Zimbabwe style printing they couldn't raise the debt ceiling because they would have no way to pay for it!!!
That palm is for both of you. The Fed for doing something that continues to have no effect and you for continuing to think it has great effect.
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lonestar2004
Live to party,work to affordit.



Registered: 10/03/04
Posts: 8,978
Loc: South Texas
Last seen: 13 years, 1 month
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Re: Fed: says QE3 "may get discussed"- [Re: zappaisgod]
#13888532 - 02/01/11 03:52 PM (13 years, 3 months ago) |
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Quote:
zappaisgod said:
That palm is for both of you. The Fed for doing something that continues to have no effect and you for continuing to think it has great effect.
you're the reason i posted this news!
1.buying government debt
2.keeping rates down
3.unlimited debt ceiling
and what "effect has it had?"
everything still sucks!
So youre right, (no effect yet) but were all on the same Airplane together thats preparing for A HARD crash landing...
-------------------- America's debt problem is a "sign of leadership failure" We have "reckless fiscal policies" America has a debt problem and a failure of leadership. Americans deserve better Barack Obama
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Shins
Fun guy



Registered: 09/15/04
Posts: 16,337
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Re: Fed: says QE3 "may get discussed"- [Re: lonestar2004]
#13888654 - 02/01/11 04:17 PM (13 years, 3 months ago) |
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National debt has no effect.
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lonestar2004
Live to party,work to affordit.



Registered: 10/03/04
Posts: 8,978
Loc: South Texas
Last seen: 13 years, 1 month
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Re: Fed: says QE3 "may get discussed"- [Re: Shins]
#13889956 - 02/01/11 07:34 PM (13 years, 3 months ago) |
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not really, but if we ever stopped buying our own debt and needed foreigners to purchase our debt at a higher interest rate then its game over....
"Rand Paul says that federal interest burden will approach cost of defense spending in a "couple of years"
The interest on the debt now is going to approach in the next couple of years -- just the interest on the debt -- will approach what we spend in the national defense budget," Paul said.
http://politifact.com/truth-o-meter/statements/2010/nov/08/rand-paul/rand-paul-says-federal-interest-burden-will-approa/
thats with interest rates historically low.
-------------------- America's debt problem is a "sign of leadership failure" We have "reckless fiscal policies" America has a debt problem and a failure of leadership. Americans deserve better Barack Obama
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zappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 11 months
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Re: Fed: says QE3 "may get discussed"- [Re: lonestar2004]
#13889984 - 02/01/11 07:39 PM (13 years, 3 months ago) |
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Why the fuck is it "Rand Paul says"? zappaisgod probably posted it a few years ago. Millions of people have said that. "Rand Paul says?" Give me a fucking break, Al.
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