THE Federal Reserve Thread pt 2 (merged)

[Novus]

Interesting, I thought the Tea Party came into being because they thought both parties had been bought out by the banks.

It is quite obvious now the banks bought out the Tea Party too. I would say it was the cheapest party ever bought. It took the banks less than two years to hijack the party that represented main streets' uprising against wall street and turn it into a movement of corporate brown shirts.

[Revi]

Here's a talk about the Fed. Get through the Avengers and it starts at 6:30 minutes into it.

They talk about how the Fed owns the stock market, and how they drive people into it with very tiny amounts of interest in their savings. "Central Bankers believe they can see the future."

http://www.zerohedge.com/news/jim-grant ... ock-market

[Ferretlover]

Well, really! These people need to read at PO.com. This has been predicted for ages!
Notes show Fed sees ominous signs for economy
By MARTIN CRUTSINGER, Associated Press

(Updated 3:01 p.m. Eastern) WASHINGTON -- The Federal Reserve is leaning toward taking further action to support the struggling U.S. economy. But minutes of the Fed's June meeting show policymakers are at odds over whether the economy needs more help now. …
Many economists predict the Fed will hold off for one more meeting and give the job market a little longer to show improvement. If it doesn't show gains, the Fed could announce some new action at its Sept. 12-13 meeting.
Since the recession, the Fed has bought more than $2 trillion in Treasury bonds and mortgage-backed securities, expanding its portfolio to more than $2.8 trillion. …

MSNBC

[deMolay]

Printing more worthless money to keep the stock market on life support until after the election is not going to save anyone. The US, the EU, Japan, China and India are all collapsing, the bugs are hitting the windshield. The Obama Hopey Changey Thingey is about to hit the wall and go over the cliff. Many hand wringing socialists in the MSM are scrambling for the words to apologise for the worst President in the history of the USA. Biggest failure ever. Let's see if the pathological Liar In Chief and fool you one more time....