- Politics and Social Issues
Santa Claus, the Easter Bunny, and the Federal Reserve
Pending Economic Disaster On it's Way
The first rule of Politics - Blame the other guy.
Today’s spin. Federal Reserve Chairman Ben Bernanke is up for reappointment so the spin machine is at work. All is well, Santa will be showering your kids with money and by Easter your monetary basket will once again be full. Hallelujah, can I get a hallelujah?
The Fed warned last week that it could take five or six years for the job market to return to normal.
Return to normal? What exactly is normal? How much money will the Federal Reserve print in order to “return to normal”. And who will EVER pay back the insurmountable amount of debt that has already occurred?
The Recession is YOUR Fault!!!
That's why Bernanke and others think that consumers — while appearing to hold up fairly well now to all the negative stresses — may turn more cautious in the months ahead, restraining the recovery.
Never mind the fact that the average American Adult has $50,000 in debt and only $2,500 in savings. You bastards need to get out there and spend, spend, spend. Quit hording all your money. You are the reason the economy is in the toilet. It has nothing to do with Government Spending and the Federal Reserve policy. It’s your fault.
This economy is your fault for not spending more! National Debt Clock
Wait, it’s Not Your Fault after all it's the "Housing Market"
By contrast, the housing market — sales and construction activity — improved across much of the country, according to the Fed survey. A collapse in the housing market, which dragged down home prices, thrust the country into a recession.
The housing market is to blame. Whew! What exactly is the housing market? Did WallStreet Bankers have anything at all to do with the recession? Apparently not – it was just the “Housing Market” collapsing. At least we know the “key”…
A sustained turnaround in housing is a key ingredient for a lasting economic recovery.
That’s it! Everyone rush out and buy a house and everything will be just fine. I wish I would have thought about that. Then I could take all the glory for fixing the economy! The solution is for everyone to go buy a house. Maybe the Government can print the money we need, send us all checks so we can rush out and buy a house?
If You Believe in Santa and the Easter Bunny then Clearly the Federal Reserve is Believable Right?
Sure they are. But if you don’t know who owns the Federal Reserve and what role the Federal Reserve plays in controlling your future you might just want to educate yourself.
Thomas Jefferson Knew about the Federal
Reserve Do You?
"If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them, will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered."
America can not and will not recover from economic disaster that has been created by the Federal Reserve until the Federal Reserve is abolished.
Easter Bunny… chocolate eggs… mmmm.
Captain Ben Bernanke - Too Big to Fail
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