QE was supposed to encourage banks to lend and thereby stimulate the economy. It didn't work. Banks just sat on the QE money.
Meanwhile, the middle class got skewered with zero interest rates on savings and retirees are even worse off.
Maybe the first QE had some effect but continued pumping has just inflated markets and made wealth for rich investors and Wall Street hogs.
This is all you need to know about Obama economics. Too bad he doesn't understand this.
All he seems to understand is immature behavior.
Obama flirted with blonde Danish PM at service and took a selfie of them. Michelle looks very upset and disapproving as Hussein makes a fool of hisself.
The pics are on Drudge and you should really see them. Disgusting behavior for a mem service.
Good analysis, Nano. Speedy was on unemployment at least 4 times and, in every instance, took jobs paying less to get on with my career. I tended to get fired for things I said. Once it was The Nasty Old Lady and my actions with her bad review of me and, another time, it was Bitchboss and her L lover in HR.
Not working is a very bad option because, after while, nobody will hire you for lack of currency in the workplace.
Somebody shot another Florida Panther and I would too, if it was eyeballing me in the swamp We never see them out there but there are about 150 of them roaming. They will attack you and eat your dog. Only good thing about them is they hunt pigs.
Obama did not attend the Gettysburg ceremony honoring Lincoln's address but he had time to fly to S. Africa for Mandela. Its a Black thing.
There he goes again, bowing to foreign dictators. Just check the pic, its unmistakable.
Speedy believes that Obama does all this bowing because he feels inferior to other world leaders who have experience .
Obama went to the funeral because its a Black thing to do. And he wanted to be on the podium. He could have sent Bill Clinton and stayed home where he should be to solve his Obamacare problems.
O'Reilly said it was an escape trip and there may be some truth to that.
"The president guaranteed me I could keep my doctor," said Wallace.
"And if you want to, you can pay for it," said Emanuel.
Ram's brother, the designer of Obamacare, now says that younger people are not signing up because they did not promote the law enough. He doesn't have much cred left and now this.
Speedy went to yoga Thursday night to make TFRH happy. Yoga is her new thing to stay slim and guess what, it is not working, but I like her chubby anyway.
So the instructor made us get into different positions and one of them was legs over head (hala sana or some such yoga name) which gave me a gas pain. The gas pain progressed to loud flatulence and a bad smell into the room of about 12 women. I got up and apologized since everyone heard and smelled my mistake.
I stood up and said, by way of apology, please excuse my flatulence but that position gave me a gas pain. Maybe we should take a break while the room clears out. TFRH was very embarrassed so I left the class and went to sit in the bar next door.
She won't be taking me to yoga again anytime real soon and that is fine with me. But there was one good thing about it was I got to look at some cute women in very strange contortions and positions. Just had to pretend not to stare since TFRH was watching.
Contrarian thinks GLBTQ is normal. Maybe it is for her.
Qweers never should be allowed to sell or donate blood again. They caused many preventable deaths.
Drudge has a good pic of Obama when he was bowing to the Saudis, to introduce the news Obama wants to go to Tehran. I wonder how the Israelis like that treachery?
Will Obama defend ally Japan when the Chinese grab for those islands? I doubt it.
“Perhaps, [Secretary of State] John Kerry believes that Iran only wants ballistic missiles for peaceful purposes,” said Rubin, author of Dancing with the Devil: The Perils of Engaging Rogue Regimes.
“The fact of the matter is that Kerry and crew left both ballistic missiles and the nuclear warhead trigger experimentation at Parchin [military site] off-the-table” during talks in Geneva, Rubin said. “It’s the diplomatic equivalent of installing a burglar alarm system in your house but leaving the keys in the door.”
Christians United for Israel (CUFI) Executive Director David Brog said he fears that the White House may have been “played by the Iranians.”
“This may prove to be yet another worrisome sign that the Obama Administration was played by the Iranians,” Brog told the Free Beacon in a statement. “Their concessions were either illusory or meaningless, while ours will resuscitate the Iranian economy.”
The White House said in its fact sheet on the deal that it could release up to $7 billion dollars to Iran during the first phase of the agreement.
The United States additionally agreed to suspend “certain sanctions on gold and precious metals, Iran’s auto sector, and Iran’s petrochemical exports, potentially providing Iran approximately $1.5 billion in revenue,” according to the now disputed fact sheet.
Obama is so stupid he just does not understand he is being played.
Last night after tennis, she said she wanted to talk so I took her to my apartment and gave her a glass of cheap wine. I sort of knew what was coming because my cousin and I have been double dating and trading women since we were 17 and I have probably heard all of what she had to say several times.
She starts out by thanking me for arranging her contract with Rickster (a good start) but then she starts with the complaints.
First is what he says, for example, his frequent statement that "you can't drive a spike with a tackhammer" is wearing on her. She says he really has nothing to brag about in the spike department anyway. OK, I have heard this before.
Then she gets into the intimate complaints. She says he won't go down on her but expects unlimited O/S from her. I make sympathetic sounds but am thinking that is what he is paying you $3500 a month for. Then I ask my self if I would go all cunni on her and you can guess the answer.
Then she gets into his imtimate manners and doesn't say he is a pig but that is what she means. I have heard Rickster in bed with the Mayan Princess and it does sort of sound like pig snorting so I know what she means. Also, he is only concerned with his own pleasure and not hers. What else is new?
So I ask her, overall, how she feels her contract is going? Well, she is not happy with all aspects but it has taken some of the financial pressure off of her. Good, I tell her, just make the best of it and enjoy what you can.
Finally, he has not given her a present yet. I will remind him to do that. Maybe a nice handbag from Coach, They all like those.
So I guess that makes me a sugar baby counselor.
Speedy does not smoke but it was reported that some of his "navigators" were encouraging people to lie about that.
Smokers will not be able to afford Obamacare because the smoker premium is about 50% higher. Rather than act as a deterrent to smoking, it will just make the smokers uninsured. And they are mostly lower income people anyway. The high lifes mostly do not smoke.
This is worse than preconditions. And the insurance companies control the extra premium for smoking.
Just another flaw in ACA. And its a flaw that affects Obama's Own People the most as they are addicted to Newports.
It is quite a step to abandon our longtime ally in the Mideast. His Iran deal does that. Clinton tried to bribe the N. Koreans and they just used the time to work on their weapons. Iran is doing the same. Why can't Obama see this
Speedy thinks his hate for Israel and all things Hebrew is blinding him to reality. His hate is driven by his Musliom rellgion.
Nothing else could explain this "peace in our time: travesty
We shot a bunch of snakes this weekend and took Jaime's gator skin to the tanner. JaneWayne says she wants a new handbag out of it. That will be expensive.
The Congressman was driven to his irresponsible acts by Obamas willful destruction of America.
Your disgusting post nearly gagged me out and revealed your ignorance of current dating practices. Modern young women (50 and under) expect and demand O.S. and they give too. In your day it was unusual but today it is normal. Think Monica and Bill.
And, of course, TFRH does not make bad smells around me, at least. I did however make a smell on her cat last night. I was laying on her couch after a nice take out dinner from Publix and the cat was laying there too. I trapped the cat under a blanket and that is when the gas hit. Gassy chicken tenders. The cat looked as desperate as any animal or person I have ever seen. Hilarious and this is not the first time I have tricked that cat.
Just walked by the ladies washroom and was nearly knocked out by the stink coming out. How do these ladies generate so much stink? There are a lot of women who use this bathroom and they all must defecate in there. Why don't they take care of that at home? They don't want to stink up their houses?