As many here have said, they are "in too deep" now and have cornered themselves. The author thinks the market will eventually force the fed out of the game--both the bond market AND the equities market.
The one interesting thing was that the author thinks one of the reasons the Fed is doing this is too keep the US solvent. Nominally, interest payments today are the same as about 1996 when the debt was obviously much lower. I don't know if that's true or if that's the Fed's reason but it's interesting.
Unfortunately, the pols are doing nothing about the debt and Obama and the dems just keep begging to spend more. The sequester had virtually NO EFFECT on the govt. Their is a substantial amount of fat that can still be cut too. Some of you would be shocked to see the waste that goes on in the govt.
It would be funny if it double tops here and goes to zero. I wonder how many people are still holding from the last time it was at this level???
Why is it that Democrats always DO hurt the poor? Incomes under Obama's big five voting blocs are down over 10% since his inauguration. The money printing under Obama's watch is putting the poor into indentured servitude.
He is the biggest liberal hypocrite fraud there is. Just a limosine liberal who says "do what I say, not what I do". Buffet is a huge loser. He probably just made that statement to show his pompous butt off.
Also, if you dems love the poor so much, why do you want to allow tens of millions of illegal immigrants into the country and open the borders? Don't you know that these people will take the jobs of your constituents? Yeah, the democratic party REALLY loves poor people.
It is truly scary and a gross overstep of the social contract. If the New World Order does exist, my guess is that the jews are behind it. Possibly as a result of the Rothschild family.
They are in charge of the entire world media (OVER 99%), the majority of banks and the majority of governments. They have far more influence then there population would indicate.
People can give me thumbs down but the second paragraph is 100% true. Personally, I do not trust them and their cultish ways.
I did not know about Agenda 21. We need to increase awareness of this monstrosity. That clown Holdner has extremely radical ideas.
The USA never should've joined the UN. It is a radical communist organization. I wish we were a more isolated country. I do not like a lot of free trade overall except for things we physically can't produce (mostly ag). It is a mistake to have to rely on others.
They didn't want the guilt trip. The dems left most of those victims over there to die and ignored their requests for more security.
Liberalism is a disease.
Good point on TX, WI and others. Whenever republicans don't win, at least they act professional.
This might be the real Kibbles though. The real one's posting style is pretty unique. I did notice his name is not Market.Kibble though. I am giving him the benefit of the doubt here.
Regardless, good posts.
You would be shocked then to see all the people I work with claiming disabilities that are in perfect condition. I am talking people in six figure jobs in most instances too. Far left liberals, all of them, even the veterans.
I have friends that are 100% disabled vets too. 100% is ~$33K and it's tax free. Want to know what some of them do? A lot of them live at home in their parent's basement and use the money to buy drugs and alcohol.
Then there are people I know that are getting closer to ~50% and are physically disabled in a literal sense... It is disgraceful how some people game the system.
From the very article you're quoting:
"The retreat by Cruz has led to public questioning from House Republicans about his motives and political acumen, not to mention joking speculation that he may be part of a vast and devious liberal conspiracy to undermine conservatives. "
Doesn't surprise me that liberals can't see a joke. They see nothing that's right in front of them.
So basically all the libs on this board have no faith in their fellow Americans.
So liberal communist progressives just buy the media, government, lobbyists, advertising and everything else because their positions otherwise would be so unpopular?
Also, they have to change the names of all of their programs to make them more acceptable such as the "Affordable Healthcare Act".
And progressives have to keep about a third of the population enslaved and dependent on the government just to receive their vote.
And progressives have to manipulate elections using fraud and allowing illegal immigrants to vote and having precincts to go for their candidates by fictional amounts (i.e. the MANY left districts that had over 100% of the population vote).
And you think conservatives are buying elections? YOU are the one that's funny!
You are yet to EVER provide one supporting fact to your arguments btw.... Keep promoting lies and leftist propaganda. Your welfare depends on it. You might have to work now that your food stamps are about to get cut.
Yup. Lots of conservatives wanted the banks to go under. Clinton never should've repealed glass steagall. That was one piece of government legislation that I could support. Way to ruin it losers.