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"The Fed can't control prices, interest rates or the money supply." Are you for real? That is all the Fed does -- manipulate / control prices, set / control interest rates, and adjust/control the money supply. Wow! There certainly is a dearth of economic education in this country. Everything the Fed does to artificially control the economy ultimately has unintended consequences and is deleterious to long-term economic health. MARKETS alone should determine prices, wages, supply, demand, and interest rates. EVERYTHING done in Washington D. C. and EVERYTHING done by the Fed is contrary to a healthy economy. The LESS government and the LESS intervention by the Fed, the better. Period. EXCLAMATION POINT!
In response to:

Where's Luca Brasi When You Need Him?

Jeff7859 Wrote: Mar 21, 2013 8:34 AM
Actually, 100% of the democrats are corrupt. Their party has been completely consumed by radical Marxist revolutionaries (i.e. Little Barry the Illegitimate Usurper). The goal of the Leftists, in cahoots with the small 'c' communists, union thugs, musloids, and other secular regressives is to turn this country into Cuba, Venezuela, North Korea, Iran, or any other totalitarian oligarchy. The 95% corrupt you are talking about is the republicans. Only a dozen or so in both the House and the Senate are worth keeping. Otherwise, THROW ALL THE BUMS OUT!
In response to:

President Obama's Munich Moment

Jeff7859 Wrote: Sep 22, 2012 10:03 AM
"But it is to say that the Obama administration must recognize, as the French and British did in 1939, that hurt Muslim feelings have no more to do with radical Islamic hatred of the United States than mythical complaints about Germans under foreign rule had for Hitler; both were merely pretexts, excuses for aggression that would have taken place anyway." Sorry to tell you, but the radical revolutionaries who have usurped power and taken over this country are not interested in 'recognizing...[m]uslim feelings'. They are in sympathy with the faux-religion known as islam. Wake up America. We have been taken over by enemies of the United States of America and her rule of law found in the Constitution. Justice must be done.
Regardless of who wins in November, unless the bloated federal budget is IMMEDIATELY cut 50% and then balanced to infinity (ain't gonna happen!) we are staring at either default or hyperinflation -- the only two options left. The $16 Trillion debt ceiling (which is a joke, BTW) is only the beginning of our real debt. Add in all the pensions, Social Security, Medicare, Medicaid, plus other automatic spending programs tied to inflation, and promises that cannot be met and you are up to $70 Trillion or more. The feds now spend 25% of the GDP and produce nothing. This is ARITHMETIC, not politics. Any fifth grader knows that two variables moving away at different rates cannot last. Our spending has overwhelmed our income.
I hate to break your bubble and spoil your celebration, but whoever wins in November is not going to fix the economy. We are screwed. If you want to save your 401K, your IRA's, and the markets, you should go to cash IMMEDIATELY. Do not dither, do not slow down... RUN for the exits. Because this baby is going to explode. No more pensions, no more Social Security or Medicare, and no more stability in the value of the dollar. Blame it on both parties... and don't say you weren't warned.
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