Shut the damn thing down. For you guys that are working without paychecks, the R's in the house tried to pass a bill to fund people working and Obama threatened to veto it. The link is here:
http://www.washingtontimes.com/news/...aded-shutdown/
The WH wants you to suffer so you'll switch allegiances to them. It's like the crack lords creating an artificial shortage so all the addicts become willing to do anything to get it back.
For those of you in .mil, thanks for your service, we're trying to take care of you if B.H.O. will let us. For the rest of the government employees (including my two brothers who work for it), welcome to what the rest of the private sector has been enduring for the last 2.5 years due to the incompetence of the very government that is being shut down.
How Ben Bernanke Could Crash the Stock MarketThere will be no third quantitative easing program.
The Fed's second quantitative easing program (QE2) is set to expire at the end of June. Investors are widely anticipating that our dear Federal Reserve Chairman Ben Bernanke will announce another QE plan and to continue injecting the financial markets with $6 billion to $8 billion every day. But my guess is they'll be disappointed.
Oh sure, there's a good economic case for QE3. The economic recovery is still on shaky ground. Unemployment remains uncomfortably high. Even with the vast printing of new money, inflation remains stable – unless, of course, you actually count the things that have gone up in price.
So why not keep the charade going? It's done wonders for the financial markets so far. Stocks are way up. Interest rates are artificially low. And unless you have to eat food or use fuel, there's been no downside.
Unless you're Ben Bernanke.
Poor Ben. Here's a man who believes his policies prevented a global depression. He saved the banking industry, kept the U.S. economy afloat, prevented unemployment from reaching record levels, and saved the earth from Martian invaders.
But he gets no credit for any of it.
Instead, he's lambasted in front of Congress, ridiculed in the newspapers, humiliated online, and de-friended from just about everybody's Facebook page. The man gets no respect.
My guess is he's anxious to give people a taste of what things would be like if his QE programs weren't around… at least for a little while.
No one appreciates the drug dealer until the agonizing moans of the withdrawing heroin addicts drown out the sound of the TV set. "Do whatever it takes to quiet them down!" people shout. "Just get things back to the way they used to be."
Appreciation for central bankers is likely quite similar.
We all complain about the devaluation of the dollar, the unending deficit spending, and the lack of fiscal discipline, which are all aided by quantitative easing. So, too, is the run-up in stocks and the low interest rates.
"Just wait," Bernanke thinks to himself. "Let's see what everybody moans about when QE2 ends."
We're not going to see a QE3 program until we get a glimpse of what life is like without daily injections from the Fed. Maybe then the pundits will show a little appreciation for the market's drug dealer.
I've been a Republican my entire adult life and I no longer give to the party. Instead, I find conservative candidates that share my values and give to them. I can't stand the thought of my party donations going to the RINOS. If you gave to the party over the years, you're indirectly donating to some very solid folks but also giving to the likes of Charlie Crist, Arlen Specter, Olympia Snowe, Susan Collins, Lincoln Chafee, Mike Castle, George Voinovich, Richard Lugar, Mark Kirk and other extremely anti-gun RINOS. That's not even counting the second tier of go along, get along, useful idiot types like Orin "My good friend Ted Kennedy" Hatch, John "no drilling in ANWR, campaign-finance nazi" McCain, and Lisa "never pass on an earmark" Murkowski..
Here's where my donations go these days. Rabble rouser Jim DeMint's PAC:
http://senateconservatives.com/ . Not a Libertarian exactly, but these guys do a much better job of getting elected.
That would be why I said "conservatvie republicans". I don't care how conservative one might think a particular democrat candidate is, a democrat is a democrat and every one elected makes their agenda stronger.
Last year I donated to two political campaigns: Mike Coffman and Allen West.
Stella - my best girl ever.
11/04/1994 - 12/23/2010
Don't wanna get shot by the police?
"Stop Resisting Arrest!"