U.S. 'Drowning In Unemployment,' Says Federal Reserve Member [Archive] - Glock Talk

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snerd
10-01-2012, 11:43
On Friday, Dallas Federal Reserve President Richard Fisher said the U.S. is "drowning in unemployment" and that the Fed's monetary easing was not the solution; certainty on taxes and regulation are what's needed to jump start hiring.
http://www.breitbart.com/Big-Government/2012/09/30/U-S-Drowning-In-Unemployment-Says-Federal-Reserve-Member

cowboywannabe
10-01-2012, 11:49
but but obama said.....

rj1939
10-01-2012, 11:57
The Chairsatan Bernanke was asked today if we were on the verge of or already in a recession, he was very evasive in his answer............I think we have our answer.

Later on, he layed the foundation for the excuse: It is Europes fault. (if things get worse)
^
when

brickboy240
10-01-2012, 12:00
QE 3 = print and spend forever.

Show me where this has EVER worked...anywhere it has been tried.

-brickboy240

amazon
10-01-2012, 12:12
nice debate fodder...

ModGlock17
10-01-2012, 12:18
QE 3 = print and spend forever.

Show me where this has EVER worked...anywhere it has been tried.

-brickboy240

But it works for a lot of people. Here's how.

First you buy opposing currencies.
Second, you print & spend and implement every policies that will devalue US Dollars (ongoing).
Sit back and watch the devaluation. Then you buy the devalued Dollars, lots of it.
Then you wait for America to rebound, only America has the infrastructure to rebound (you can still say you believe in America).
Royally Made, you are.

brickboy240
10-01-2012, 12:41
That is a huge gamble and I can guarantee you that a crash of the USD will hurt ten times more people than it will help.

cowboy1964
10-01-2012, 12:49
Bush's fault. It's four years later and Obama said he would fix it, but it's just Bush's fault.

Fed Five Oh
10-01-2012, 13:09
I was thinking there is no question about a recession.

The question is when do they declare, if ever, we're in a depression.

I'm thinking November 7, however November 6 turns out.

brickboy240
10-01-2012, 14:12
What happened in 08 was NOT a recession.

It was a warm up for what is coming later on.

Remember, Bernanke just gave the green light to printing and spending with no limits.

-brickboy240

ModGlock17
10-01-2012, 18:07
Bush's fault. It's four years later and Obama said he would fix it, but it's just Bush's fault.

If re-elected, Obama will indeed "inherit" the worst recession ever.

ModGlock17
10-01-2012, 18:09
That is a huge gamble and I can guarantee you that a crash of the USD will hurt ten times more people than it will help.

I agree.

However, I don't think looters care about the people. The American people, that is.