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What Bernanke Really Said

laurence32 Wrote: Aug 25, 2012 8:32 PM
"Abolish the Fed, let interest rates float" caught my eye.I like abolish the Fed, the liars, cheats, and thieves, who have controlled the VALUE of the money in your wallet/purse since 1913. We've been paying the Fed to steal from us since that date, with the help of course from those we send to Wash-ington. The Quantitative Easements I and II and QE III a strong probability does little but cheapen the dollar further, while many Democrats praise Obama he's encouraging Bernanke to cheapen the dollar with the notion that the U.S. will pay back its debt with cheaper dollars. In the meanwhile those on fixed incomes are trying to live on dollars that buy a helluva lot less. Many of those retired folks, those out of work,
Dollysboy Wrote: Aug 26, 2012 2:33 AM
This is silly enough to qualify for the short list of the "Ann Coulter" Imaginative Award.
laurence32 Wrote: Aug 25, 2012 8:41 PM
and the estimated 47 million considered at poverty level will suck more sampwater as the dollar plummets in value. We need to understand that those in Washington, be they R's or D's, really don't give a rats behind for we, the people. Most of the socialists in Washington want this nation under a world government which means a reduction in the U.S.s standard of living. Welcome to a new Amerika!

The non-news of the day is Bernanke says scope for more Fed easing

Federal Reserve Chairman Ben Bernanke says there’s room for the central bank to take more action in responding to critical questions from a top lawmaker on Capitol Hill.

Bernanke’s letter to Darrell Issa, the California Republican who heads the House Oversight and Government Reform committee, was dated Wednesday and obtained by MarketWatch on Friday. Issa had written Bernanke at the beginning of August...