More lies from Romney

[Craizie]

^watch it buddy, I'm from Canaduh

Everybody be cool! We might start an apology war.

[32valves_of_pleasure]

It frees the lenders up so they do not have as many losses. Rates increase due to many factors, one of which is expenses on servicing those loans, and also the amount you're extended on your line of credit. US buys up a bunch of mortgage loans, banks are freed up. Essentially the end result is the lenders will continue to buy loans the same way, without adjusting their rates. This will cause their portfolio to grow again with unstable and less profitable mortgages - further lengthening the depression in the housing market.

Here's a quote from Gus Faucher - senior economist explaining the same thing, essentially:



It's all Political. This is QE3, the last two stimulus QE1 and QE2 didn't do anything at all besides waste billions. Anytime the government intervenes in the private industry it's artificial and very dangerous. This is yet again government intervention into the private market to force artificial rates to give voters the impression the economy is not getting any worse. The end result will be detrimental to the economy. This is all fake. The market is not correcting itself, it's being stimulated. The truth is all proponents of QE3 and Obama have one thing in common, they don't understand the economy.

what is your measurement for not do anything at all? the GDP has grown the last two years.

bernanke is a republic appointed by bush, so i'm not sure what political agenda you think he has. anything political anyone says infront of the camera right now shouldn't be trusted, it's all just posturing to get people to vote.

[naynay]

what is your measurement for not do anything at all? the GDP has grown the last two years.

bernanke is a republic appointed by bush, so i'm not sure what political agenda you think he has. anything political anyone says infront of the camera right now shouldn't be trusted, it's all just posturing to get people to vote.

finally someone who "get's it"

[CJ]

what is your measurement for not do anything at all? the GDP has grown the last two years.

bernanke is a republic appointed by bush, so i'm not sure what political agenda you think he has. anything political anyone says infront of the camera right now shouldn't be trusted, it's all just posturing to get people to vote.

You need to do some research on historical GDP growth. Did I ever mention Bernanke once? Once again to reiterate my statement about the similarity of all supporters.

[347Mike]

Pumping money into economy won't fix it. Confidence will. They can pump all the money they want but if no one bid comfortable on spending nothing will happen.

[32valves_of_pleasure]

You need to do some research on historical GDP growth. Did I ever mention Bernanke once? Once again to reiterate my statement about the similarity of all supporters.

no u.

it was the fed's decision for quantatitive easing super genius. so i simply drew a line that you were inferring bernanke, who is the fed chairman.