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Author: Real_News
Date Posted: 2012-09-13
Viewed: 1483
Quantitative Easing HOAX, just more ground for Republican & right-wing Media psycho babble
Doubtless you have read that today "the Fed" engaged in a new round of quantitative easing, aka QE3. And then the right-wing Media & Republican lunatics started their associated psycho babble about this act. Moreover, over the last few years, one of the most referenced act that Republicans and right-wing Media have railed against is the "Fed Easing" "Fed printing money", "QE2" "QE3" etc.non-sense.

So "Fed Easing", "QE2" "QE3" etc., are just more of the Con Job of Republican lunatics & right-wing Media Cabal. To be more exact, these are just Words without any real basis in reality. To be more exact where can we get $10,000 of this "Fed printing money", "Fed Easing"? HEK, where can we get $100 of this money? WHERE? WHERE?

Put another way, US economy is doing badly for average American, since Rich are getting richer like never before, NOT due to "Fed Easing", etc. which are total HOAX. But due to fundamental problems, which problems Republicans champion, again Republicans champion these problems, proving what TRUE enemy of American people Republicans are, AND which fundamental problems Obama Admin talked about but DID NOT address AT ALL, proving what HOAX they are, which fundamental problems in summary are:

1- Lack of essential Social services such as Universal nationalized health care (aka NHS), something that EVERY developed Nation has. Something that SAVES 50% on cost of health care while giving health care to all.

2- Our money (Taxes) wasted on one unnecessary War after another War and on a Gargantuan Military.

In fact the EXACT OPPOSITE of, "Fed Easing", "Easy money" exists in the US as the people in US are having a hard time to even borrow against their Houses, which means their ONLY access to money, beside their salaries, is shut off, as per this news:
http://www.cnbc.com/id/43450192

And on top of this of course the interest rates that banks pay on the saving accounts are near ZERO too which means this other source of Money that average people were getting is at near zero, which again is another indication that EXACT OPPOSITE of "Easy money" exists in US.

Question is then how can US Media be such a freaking lying machine to say that the problem with US economy is "Free Money", "Fed printing money", "Fed Easing", etc. when the EXACT OPPOSITE of this is the case. The answer to this is the same as how the US Media can be such a freaking lying machine to lie and lie to American people that Universal nationalized health care, as they have in all European countries, Canada, Israel, etc., something that would give health care to all American people while SAVE the American Government and People $1Trillion per year is bad!

"Fiat Money", "Fed Printing Money" and other rants of Ron Rand Paul psycho wing

Another series of non-sense that comes from Republican lunatics, regarding Money matters, specially from Ron Rand Paul psycho wing, are:
"Fiat Money"
"All money is Debt"
“Fed (central bankers) are counterfeit money printers�
"Fed is Printing Money"

and then: "Gold is only real Money"
etc. psycho babble.

To be exact where do these lunatics think money comes from? Jesus, Moses, God!
No, the Fed whether being US Fed, or ECB, or Chinese Central Bank, etc. Print Money which leads to having Money.
So to have as one of your complains that "Fed is Printing Money" is absolute non-sense since that is stating the statement of FACTS. That is like saying "Fire Burns" therefor Fire is Bad. But Fire also gives life, IF properly managed.
That is just as "Fire burns" is a statement of FACT but that does not necessarily mean Fire is bad and in fact it is a key part of our economy when controlled, "Fed Printing Money" is a statement of FACT without which we could not live, have an economy, when controlled.


And about "Gold is only real Money"

How do these Ron & Rand Paul lunatics think we pay for Gold! With money from Mars? With money from Venus?
NO. We pay for Gold with US Dollar, European Euro, Israeli Sheqels, Japanese Yen, etc.
So if US Dollar, Euro, Japanese Yen, etc. are "Fiat Currency" then Gold is a "Fiat Currency" since we pay for Gold with these currencies. That is we can step to any Gold counter and pay them US Dollar to take their Gold away, so who now has the "Fiat Currency"!

So to have as your so called philosophical basis that "Fiat Money" and "Gold is only real Money" is absolutely insane. But that is what the Republican party, specially its lunatic Money wing, such as Ron Paul are.

Now you may argue that Gold is an investment, which would be a somewhat rational argument, compared to such insane talk as "Fiat Currency", but then as an investment Gold is one of the Worst since it pays NO dividend, you can not wear it, you cannot live in it, ONLY thing you can do is hope for a BIGGER fool to pay you more for it.


QE is supposed to create Jobs

Finally what is most astonishing about this "Fed Easing", "QEX", etc. Bull crap is that the Fed took this step to "Lower Unemployment". How Stupid does right-wing US Media, aka Wall Street owned Media, think we are?

For how in Gods name is the Fed buying Mortgage backed securities is going to lower Unemployment, which supposedly it would due to driving interest rates lower, when interest rates are already at record LOWS!

So you want to "Lower Unemployment"? Then you would do what they are doing in Countries that have MUCH LOWER Unemployment than US, such as:

Germany has unemployment rate of 5.4%,
Japan 4.1%,
Australia 5.2%,
China 4.1%,
South Korea 3.7%

And what are these countries doing different?

1- They have Government run Universal socialized health care, which means while all their people have health care they spend a small fraction of what US businesses and Government spend on health care

2- They do NOT waste Trillions on one War after another, Wars which primary benefit Israel

3- They do NOT waste Trillions on a Gargantuan Military, so for example all countries listed above have ZERO Military bases outside of their country while US has Military bases in an astonishing 100+ different countries

4- They are making Trillions of Dollars of investment in their People & Cities such as China having built 10,000+ Kilometer of High Speed Trains. Which beside having create 10s of Millions of High paying Jobs in China also has freed China from (Middle Eastern) Oil, and freed it from much associated pollution.

All of which Steps Republicans oppose, proving what TRUE ENEMY of American People they are, and some of which Obama talked about but NONE of which it actually took, proving what a HOAX it is. Or it did not address them because the right-wing Cabal (aka Wall Street gang) behind the Republican lunatics, controls most of the US Media and thus lied and lied, to ensure that these structural problems with US economy are not addressed which problems put few EXTRA TRILLIONS Dollars per year in their pockets

And instead these bastards keep running one new Con Job after another on US, such as this Quantitative Easing Bull Crap, which as described above is just talk without any real basis in reality.




(1) What is quantitative easing?
http://www.washingtonpost.com/blogs/ezra-klein/wp/2012/09/13/qe3-what-is-quantitative-easing-and-will-it-help-the-economy/

(2) The Fed's Still Paying Banks Not To Lend.
http://articles.businessinsider.com/2012-03-12/news/31146859_1_financial-crisis-banks-lending-money

(3) Romney: I Love Socialized Medicine - as long as it gives all Israeli's health care, otherwise for Americans let them die of NO health care
http://www.tnr.com/blog/plank/105528/romney-praises-israeli-health-care-loves-socialized-medicine

(4) Unemployment rates in various different countries
http://en.wikipedia.org/wiki/List_of_countries_by_unemployment_rate

(5) Steps to have FULL employment and Republicans actually oppose ALL of them and NONE of which steps Obama/Dems took!
http://www.realnewspost.com/sa.php?a=47631


A great Video, as usual by John Stewart, of the Bull Shit machine that is the right-wing Media in US




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COMMENTS     Posted: 10    Pending: 2

By Guest:   Baine Sumpin
      
2012-10-24


QE, is making the rich richer ye it helps the rich on te market, but thats nt the real story. The fact is the Fed is a private bank (a good ortion of which is foreign owned), and as much makes a profit from each fak dollar it creates and then it again makesa profit by collect interest on the debt it buys with the fake money. We still are just as obligated to a that debt, but Obama gets to spend more money.

What happens is gas prices increase as oil is traded in US dollars to maintain it's value, then because just becaue everyhing we produces requires oil price for everything goes up - hench prce inflation, which is calculated diffently the general inflation that the Obama administration reports.

These QE programs enrich the already ric, while effectively empossing a hidden tax on gereral population to pay for it, including the middle class and poor. Prices have greatly risen and will continue to rise well into 2013, the buying power of peoples wages has been greatly reduced.

By Member: Real_News
      
2012-11-06


Baine Sumpin, to say you Republicans are brain dead lunatics is putting it mildly.

1st, Sholomo Bernake was named by Bush and approved by Republican congress.

2nd, price of Oil is going up because of Price gouging by Goldman Sachs and others like it as well as by War-mongering of Israel & US vs Iran. Moreover price of Gas would mean nothing to avg Americans if US Government had made investments in electric powered Public transportation that Europeans, Asians, etc. have made or if US Gov had mandated US Auto makers to make plug-in Hybrids that go 1st Miles on Battery and then Subsidize these Plug-in Hybrids to be $10,000 so that 10s of Millions of Americans can easily afford to buy them to drive Gas & Pollution FREE.

More on this here:
http://www.realnewspost.com/sa.php?a=56282

3rd, QE is just a HOAX. That means not existent reality. After all where can we get $1000 of this QE? HEK where can we get $100 of this QE? WHERE? WHERE?


By Guest:   Public Voter
      
2012-10-02


By Public Voter Org

Nice rant! but consider; Gold was the collateral that prevented inflation caused by adding more money into circulation, which is exactly what 'quantitative easing' does. The Fed QE bailouts transfers money from the taxpayer to pay for fraudulent financial sector profits.

By Member: ThinkDeep
      
2012-10-05


There may be truth to your comment about "Quantitative Easing" being:
"transfers money from the taxpayer to pay for fraudulent financial sector profits. "

and actually it is probably 100% the truth, since that is what Washington DC & Wall Street bankers been doing for IONS. But this is nothing new, you do not need QEX to do this. This is something that has been done under both Republicans & Democrats.

So the whole point of the article is, is that this QEX is just a HOAX, since
"transfers money from the taxpayer to pay for fraudulent financial sector profits. " being going on since DC & New York took control of the country.

So the whole point of the article is that:
"US economy is doing badly for average American, since Rich are getting richer like never before, NOT due to "Fed Easing", etc. which are total HOAX. But due to fundamental problems, which problems Republicans champion, again Republicans champion these problems, proving what TRUE enemy of American people Republicans are, AND which fundamental problems Obama Admin talked about but DID NOT address AT ALL, proving what HOAX they are"

By Guest:   Live4Future
      
2012-09-29


LOL. Love how you replied to yourself using different logins on this one. Great stuff! This site is so awesome.

Since QE isn't a problem, why don't we just print everyone enough money to raise the net worth for everyone to, say $750k. That's a comfortable amount to live on, and since QE isn't a threat to the economy, printing all these bills for each individual wouldn't cause any harm.

Oh, oh, and we should make Porsche produce a 911 turbo for each male over the age of 50. And free booby implants for a woman who has breast fed her kids! Oh, and chocolate bars delivered free each day in the mail. And we should totally outlaw the color green. And create an army of doctors by forcing anyone who scores higher than a 3.75 GPA in high school into medical school. See? No doctor shortage!

Lololololooloooollloololololo!!!lolo0!lololol. So good. So, so good.

By Guest:   Live4Future
      
2012-09-29


Wow, that guy is so right. I'm totally not him, I just think he's wise beyond his years. Everyone should listen to him because he is so smart.

Again, this is totally not the same guy as above. I'm just appreciating his genius.

By Guest:   sense
      
2012-10-05


The whole point of this article is that:
Quantitative Easing is a HOAX.
It does NOT exist in reality.
it is just more ground for Republican & right-wing Media psycho babble.

To be more exact where can we get $100 of this "Fed printing money", "Fed Easing"? WHERE? WHERE?

Set aside your psychotically stated "$750k"!

We cannot get even a Chewing Gum for FREE based on this QE set aside your psychotically stated "Porsche 911 turbo".

Your psychotic rats about all these things that we can get for FREE as per QE when we cannot get even a Chewing Gum for FREE based on this QE is the WHOLE POINT of this article.



By Guest:   eyes_opened
      
2012-09-21


Really enjoyed this article.
Glad to see a place like this exists to cut through the Bull Shit Mountain of US Media.
And here is a great related article, well in a way:

Republicans hate the Working People & only care about the Super Rich
http://www.nytimes.com/2012/09/21/opinion/krugman-disdain-for-workers.html

Can you publish it please?

By Guest:   real_patriot
      
2012-09-14


And here is the Gold related Bull Shit as you predicted due to this HOAX of an event:
"Gold Set for Even Bigger Bernanke Boost"
http://www.cnbc.com/id/49030111

By Guest:   sense
      
2012-09-14


As you predicted, the Republican lunatics & right-wing Media have started their psycho babble about this (non-existent) action, here:

http://www.cnbc.com/id/49029923

And quoting:
"Central bankers are “counterfeit money printers� and Federal Reserve Chairman Ben Bernanke should resign for messing up the U.S. economy so badly, Marc Faber, author of the Gloom, Doom and Boom, told CNBC on Friday."

If "Central bankers are “counterfeit money printers� then we have one screwed up criminal planet!

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