General Discussion

scheming daemons

(25,487 posts) Thu Sep 13, 2012, 01:37 PM Sep 2012

Ben Bernanke just re-elected the President. [View all]

QE3, which will buy up mortgages and pull the housing market out of its depression, was just announced.

The Dow will be over 14000 by the end of next week.

By November, unemployment will be 7.9% or lower... a significant level emotionally.

56 replies

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Ben Bernanke just re-elected the President. [View all] scheming daemons Sep 2012 OP

Well I think he was reelected long ago, but this doesn't hurt. Drunken Irishman Sep 2012 #1

When Joe Scabby said "Game, set, match" after the Dem.Convention, I figured Obama had it.... Honeycombe8 Sep 2012 #48

Ya think the right-wingers are gonna freak out over this? I hope so! Should be fun. n/t brewens Sep 2012 #2

WE will reelect President Obama but Raven Sep 2012 #3

It appears the right wing meme now is that Bernanke is trying to get Obama reelected. Cali_Democrat Sep 2012 #4

Romney is just not a politician. He doesn't understand how to motivate people. JDPriestly Sep 2012 #22

I believe that Romney said publicly that if elected, he would fire Bernake. If that it true, ladjf Sep 2012 #28

He said it. CNN showed the clip earlier today. EmeraldCityGrl Sep 2012 #45

Yep, it was a stupid, rookie mistake on Rmoney's part. nt Ilsa Sep 2012 #51

You are seeing someting I'm not seeing FreeJoe Sep 2012 #5

QE1 brought us out of recession, QE2 prevented a double-dip scheming daemons Sep 2012 #6

This message was self-deleted by its author Glitterati Sep 2012 #9

Nope dmallind Sep 2012 #17

Thanks for your answer Glitterati Sep 2012 #18

Realtors have been doing that a bit here. MissMarple Sep 2012 #41

compete? the market is glutted. mopinko Sep 2012 #21

then is s/he being outbid if there is no competition? Before the crash yes, after QE3 no. dmallind Sep 2012 #23

No, not in my area. Glitterati Sep 2012 #25

Keep trying... ohheckyeah Sep 2012 #56

then you keep looking. mopinko Sep 2012 #46

I haven't stopped n/t Glitterati Sep 2012 #50

QE1, 2 and 3 help banks and prevent crashes, but do next to nothing for people. reformist2 Sep 2012 #10

Preventing crashes is a huge benefit to people, unless you consider 8 % unempl. no better than 25%. Bernardo de La Paz Sep 2012 #20

But quantitative easing does not prevent crashes. girl gone mad Sep 2012 #30

QE does prevent a crash in the bond market, which would be disastrous. reformist2 Sep 2012 #32

True - basically, the economy is on life support. reformist2 Sep 2012 #31

Oh, goof grief. girl gone mad Sep 2012 #29

Take a look at this: femrap Sep 2012 #38

IIRC some time ago GOP House and Senate threatened Bernanke not to do QE3. n/t DippyDem Sep 2012 #7

With all due respect ... dawg Sep 2012 #8

and thus my retirement fund will love it also. a kennedy Sep 2012 #37

The only QE3 I can think of hasn't happened yet. QE = Queen Elizabeth. Please insert words for the freshwest Sep 2012 #11

QE3 is a new obnoxiousdrunk Sep 2012 #13

I don't expect an employment effect before the election, but the stock market, yes. cthulu2016 Sep 2012 #12

all Obama needs is a down tick of .2 ... very doable. JoePhilly Sep 2012 #14

Zactly. n/t cherokeeprogressive Sep 2012 #54

10-4 good buddy!!!! Wellstone ruled Sep 2012 #15

All true abelenkpe Sep 2012 #16

My guess is it's too close to the election to see any real impact, he should have done this WI_DEM Sep 2012 #19

If only the GOPpers in congress just passed that darn Job's bill. Iliyah Sep 2012 #24

By next week, Romney will be taking credit for the idea. JBoy Sep 2012 #26

I hope so because this is not a good idea Redford Sep 2012 #35

GREAT! Hubert Flottz Sep 2012 #27

Uh... no. girl gone mad Sep 2012 #33

My degree in Economics agrees with you, girl gone mad Redford Sep 2012 #34

. n/t porphyrian Sep 2012 #36

As A Holder of Physical Precious Metals Yavin4 Sep 2012 #39

Romney Has Already Said He Will Not Reappoint Bernanke DallasNE Sep 2012 #40

interesting. obviously you answered my question. He liked him before he didn't like him. Just Laura PourMeADrink Sep 2012 #44

romney liked Bernanke, and then didn't like him. Or, was it the other way around? Laura PourMeADrink Sep 2012 #42

Fuck him! jethro_troll Sep 2012 #43

Goodby Aqualung.. DCBob Sep 2012 #49

I think you are right. DCBob Sep 2012 #47

ok, i'm dumb as a doorknob about this economic stuff... ldf Sep 2012 #52

What a joke MFrohike Sep 2012 #53

The market always does better under Democrats. B Calm Sep 2012 #55