The Fed Can’t Help What’s Really Ailing the U.S. Economy: Lance Roberts

The bank friendly FED is covered in a previous post, read John Gault! Thanks America! NEXT!

We need jobs. Not much the Feds can do about that. We only manufacture 40% of the goods we consume and the other 60% are never coming back. Expect the recession to get worst.

who says or believes FED is trying to help the us economy ;)

FED, under the leadership of crook bernanke, is simply trying to prop up the wall street at the cost of main street.

The Fed caused it!!! They make it worse by propping up the zombie banks!!! They give away our money all over the place to make sure the rich banksters stay in power. When will people come to realize that the FED is nothing more than a banking cartel. A wolf in sheeps clothing!

""Consumers are over-leveraged" Code word for Either paid more for their home then they can sell now for, or upside down on their mortgage,
It is against some rule to say the housing is causing the economic slowdown.
It must never e said.

Most people know the Fed's problem; it is the FED itself. Nearly "out of bullets"? Save the last one for yourself, BERNANKE.

The Federal Reserve Act, WITHOUT the NEW YORK INVESTMENT BANKS interfering,
provided the FINANCIAL grease,
that allowed the LARGEST expansion of the ECONOMY,
OUT of POVERTY, WORLDWIDE,
in the HISTORY of the WORLD.

Get the NEW YORK INVESTMENT BANKS OUT of THE FED.

The SET UP was ALL BILL CLINTON, PHIL GRAMM, ALAN GREENSPAN and ROBERT RUEBEN, LARRY SUMMERS and TIN GEITHNER, to name a few, and
the Re-PEAL of the Glass-Steagal Act.

1.) Gramm-Leach-Bliley Act, 1999.
(50 years, +300 million dollars spent by BANKS to get it done)

The STING was ALL GEORGE BUSH : the NAILS in the COFFIN with the complete
Deregulation of the financial sector by the

2.) Financial Services Modernization Act of 2000, and.
3.) Commodity Futures Modernization Act of 2001.

These absolutely EVIL deeds by Congress and Clinton and Bush,
made something that was completely ILLEGAL for 60+ years LEGAL.

Ultimately, it's all on POLITICIANS who let these NEW YORK INVESTMENT BANKERS
DERIVATIVE SCHEMES be insured by the FEDERAL RESERVE and the AMERICAN TAXPAYER.

the Baby boom generation is retiring. I am part of it. to live the boomers are pulling money out of the markets to spend, the stock market should continuje to decline. the only way to keep boomers from pulling money out of the market is to raise interest rates. if they have more income then they wont have to sell stocks. the only reason this is not happening is that the FED has sold out and is keeping interest rates low to finance the deficit. sad...

Give me control of a nation's money and I care not who makes her laws.
Mayer Amschel Rothschild ...

I hate to say this but america is in trouble because most american's will not overpay u.s. merchants with over priced products . The truth is we can get products from other countries at a much lower price. So america is lost unless we start with simplicity and stop other countries from taking america's work force and products

But folks still insist that either Obama, or the Fed, CAN solve all of our problems! Wishful thinking is a powerful force.

All this RICH/poor MAN this, RICH/poor MAN that,
is all a bunch of HOGWASH.
If your a DEMOCRAT or a REPUBLICAN,
your MAN, WOMAN or significant other
doesn't KNOW the MEANING of the WORD "NO" ,
when it comes to SPENDING the TAXPAYERS money . They borrow 44 cents of evrey dollar they spend.
I don't care what CRAP, he or she brought HOME
to YOUR GHETTO, Middle Class Hood,
or GATED NEIGHBORHOOD.
You have BEEN PLAYED,
not just for the UNITED STATES' 14 TRILLION DOLLAR DEFICIT,
but for THE WORLD's DEFICIT of "67 TRILLION DOLLARS".
Quote Mort Zuckerman, US NEWS and WORLD REPORT.

You can CUT 70 % of SPENDING,
you can RAISE TAXES on THE RICH to 90% of EVERYTHING THEY OWN,
and you WON"T EVEN DENT THAT NUMBER.
Not in a MILLION YEARS.

We have COMPLETELY forgotten the LESSONS of the GREAT DEPRESSION and the LAWS PRESIDENT ROOSEVELT left us (Banking, Labor, Social Security etc), to
PREVENT all this GARBAGE from Happening AGAIN

The Fed isn't a maker of policy. The Fed isn't even that good at providing sound advice, since they can't seem to predict anything. The Fed can create inflation in food and energy, though, which boosts the bottom line of a couple of sectors. I believe the Fed is actually basing their "solutions" on bad philosophy: the Fed believes in laissez-faire markets. "Prop up the stock market and economic prosperity is just around the corner" seems to be their thinking. The stock market does not drive the economy, it is a lagging indicator of potential future profits. Companies can be highly profitable in a down economy if they are careful with costs. The US is in economic decline because of laissez-faire market policies, in part, and the Fed is a major promoter of these policies. Until we get on a different track, everyone is powerless to move the economy in the right direction. We're headed for the bottom, and it is a loooong fall.

Clinton Perot Gephardt Krushef all forecast this !

The problem is zero interest rate. You expect me to lend you money at ~0% rate while you may not return the pricinal? Forget it, I do not even want to put them in bank. I buy either some gold or bury them in a jar.

Heres whats so wrong with the US 1. Politicians from both sides competed to increase buyin power by allowing in cheap Chinese etc imports , its gone out of control all the factories and jobs have gone there and they dunno how to get Amerians to buy US made goods now or bring back production to the US , firm legislation is needed for which none of the politicians have the resolve the blame game and malaise continues 2. Financial Regulatory and Rating Agencies were manned by dimwits, the smart kids were putting proposals to the Sc, etc and milking the system , dimwits salaried staff, didnt know the hell what was going on , papers bloated the market without underlying productivity increase , more money allowed to be printed instead of cancelling the papers which no one has the resolve to do , not then not now 3. Decline in moral and ethical standards all round...they dont teach good moral behaviour in schools anymore , eduvation has become too'secular' , more and more brocken homes divorces etc means collapse of the values that bind people to responsible behavious as children brothers and sisters, family community etc...today no one gives a #$%$ if he's bad because everyone is... and no politician wants to openly admit this or canvass for change .

look up QE 3 Will it do anything Fred McGuire..GREAT READ!!!!

So, how is that "Hope & Change" working out for you?

Why don't we sell terrority. Which state should go first?

The Fed can't fix what is wrong with the economy. Poor fiscal policy and poor business climate. We really need a change in Washington.