tag:blogger.com,1999:blog-3758330678390419129.post1035844120642054877..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Federal Reserve Very Concerned About Double Dip RecessionRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-3758330678390419129.post-55693115466774160262010-06-16T10:07:59.338-04:002010-06-16T10:07:59.338-04:00There is overwhelming evidence to suggest that the...There is overwhelming evidence to suggest that the hole torn in our economic hull is too large to save our nation as we have known it. The end of our nation is the true calculation of the Fed, either in the form of socially redifining indentureship under crushing taxes for the foreseeable future, or else - and this is their real worry - revolt and social decomposition dwarfing even that of the Steve O'Nealnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-40419460920752719862010-06-16T10:06:34.376-04:002010-06-16T10:06:34.376-04:00This statement says it all:
"..if the recov...This statement says it all: <br /><br />"..if the recovery surprisingly falters or if the inflation rate falls much more."<br /><br />It is not "surprising" in any way, shape or form that the recovery is going to falter...<br /><br />What a bunch of a**hats these Fed "officials" are...<br /><br />This so-called "recovery" was doomed from the outset, as it UP4Libertynoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-71592587465240402992010-06-16T09:12:00.984-04:002010-06-16T09:12:00.984-04:00"When a government is dependent upon bankers ..."When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes... Money has no motherland; financiers are without patriotism and without decency; their sole object is gain." - Napoleon Bonaparte, 1815Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-9358507594407313062010-06-16T03:10:08.172-04:002010-06-16T03:10:08.172-04:00If they think its bad now, let obama push cap and ...If they think its bad now, let obama push cap and trade through...you will see bad then...real bad..<br />the ugliest kind of bad...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-24672725800258282852010-06-16T02:50:09.139-04:002010-06-16T02:50:09.139-04:00Debts are discharged never paid! Debt is not mon...Debts are discharged never paid! Debt is not money! FR Notes are debt instruments that have no real tangible asset value. You can only exchange FR Notes to a gold broker for less than a one for one value. They can not truly operate as Constitutional Currency. You get paid say $1000 per month go to the bank and cash your checks buy gold at $1000 a $50 face value gold piece so you get 1 gold Dannienoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-24085584174622946882010-06-16T02:36:50.958-04:002010-06-16T02:36:50.958-04:00Hell we are already in a second Great Depression! ...Hell we are already in a second Great Depression! Food Stamps have replaced soup lines!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-47101325718683838952010-06-16T00:30:12.468-04:002010-06-16T00:30:12.468-04:00notice how debt is considered to be an "asset...notice how debt is considered to be an "asset".<br />something fundamentally wrong with that equation.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-33614254676387384112010-06-16T00:10:10.676-04:002010-06-16T00:10:10.676-04:00Federal Reserve Very Concerned About DEPRESSIONFederal Reserve Very Concerned About DEPRESSIONnader paul kucinich gravel mckinneynoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-26247546630339587572010-06-15T18:13:14.264-04:002010-06-15T18:13:14.264-04:00I'm amazed more people haven't parted comp...I'm amazed more people haven't parted company with the FR's bank note already. Heck, I've been running wildly from it for over a decade!<br /><br />Truly, whispers in crumbling fortresses of the FR have no interest to me- it is the exact opposite as the old "E.F. Hutton" ads: I don't give a rip.<br /><br />Moreover- if one truly believes the fractional reserve systemAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-78577106840649077592010-06-15T13:28:29.656-04:002010-06-15T13:28:29.656-04:00States can not run a deficit.
The states avoided ...States can not run a deficit.<br /><br />The states avoided massive layoffs last year due to creative accounting and one time stimulus money from the federal government.<br /><br />Massive layoffs in the public sector are coming in the next six to eighteen months.<br /><br />Without massive hiring in the private sector to offset this - employment and the economy will shrink.<br /><br />Just Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-69439796620951538382010-06-15T12:26:08.300-04:002010-06-15T12:26:08.300-04:00Hilsenrath makes the same assumption as RW. That g...Hilsenrath makes the same assumption as RW. That govt. monetary manipulation has an anticipated impact on the real economy. According to this assumption the FED's liquidity flood prevented a "depression" and helped to restore the economy to growth. As did the "stimulus" spending. So if monetary manipulation stops and liquidity growth flattens (as RW has shown) the economy Efinancialnoreply@blogger.com