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jtuck004

(15,882 posts)
16. "everyone might as well get used to it." < While our self-selected leaders tell us it is.
Sat Nov 1, 2014, 03:00 PM
Nov 2014

Wonder what happens if/when it blows up? We create our own fiat money for a reason, but here it is being used to create a huge balloon to cover the bad acts of the banksters. Is there really no point at which this tool, being used for a purpose it was never intended, breaks?

I think they believe there is enough cushion now with all those bad assets under a blanket at the Fed, so they ended this QE (for now), but the people are going to be paying that back for years. If they are right it means servitude. If not, all this will blow up, and...

I wonder if everyone will be too busy searching for the new emperor to care that the old ones have been naked and bending them over all this time? Would tell us, perhaps, one reason why people in power think they can do what they want without recrimination, except for being called vile or inept in history books?

Interesting times...





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MeGA CORPS , WALL STREET, dont need American consumers anymore... randys1 Nov 2014 #1
Working people used to be able to fix their teeth. JEB Nov 2014 #2
It's true Marrah_G Nov 2014 #21
People still believe we're still in a recession because . . . Brigid Nov 2014 #3
+1000000 Phlem Nov 2014 #5
We may not be technically in a recession.. sendero Nov 2014 #13
"everyone might as well get used to it." < While our self-selected leaders tell us it is. jtuck004 Nov 2014 #16
And now.. sendero Nov 2014 #18
The problem is that 99.9% of people don't understand any of this, < Yeah. I see this as more of a jtuck004 Nov 2014 #19
+ eighteen brazillion Travelman Nov 2014 #22
Good post. bigwillq Nov 2014 #28
To the Greatest Page. This is the result of sociopathic corporate rule from both parties. woo me with science Nov 2014 #4
They are murderous sociopaths. + a bajillion! Phlem Nov 2014 #7
The corruption runs deep. JEB Nov 2014 #30
A young high school kid or older 'retiree' have always bagged my groceries for 35 years. maced666 Nov 2014 #6
You are correct. One actually has to care enough to find out about them. And then when you find jtuck004 Nov 2014 #14
Tell you what - let's cut social security benefits - closeupready Nov 2014 #31
K&R nt Live and Learn Nov 2014 #8
“Socialism never took root in America because the poor see themselves not as an exploited Tierra_y_Libertad Nov 2014 #9
But won't someone think of.... Turbineguy Nov 2014 #10
Economists define a 'recession' as two or more successive quarters where GDP KingCharlemagne Nov 2014 #11
Because they watched Wall Street fuck over their 401k and the Feds just stood there. Rex Nov 2014 #12
"Most will work until they die" should be the title of this OP, IMO. woo me with science Nov 2014 #15
Thank you for posting it, a couple days after stock market highs. jtuck004 Nov 2014 #17
Most are still in the recession Marrah_G Nov 2014 #20
The retirement is an interesting thing hollowdweller Nov 2014 #23
Working people are getting poorer JEB Nov 2014 #24
It hasn't ended on my end, and that goes for a lot of people. Autumn Nov 2014 #25
Because unless they are in the top 10%, they probably ARE still in a recession, tblue37 Nov 2014 #26
Probably more like top 1% spinbaby Nov 2014 #29
K and R bigwillq Nov 2014 #27
How about a single reason: LWolf Nov 2014 #32
Latest Discussions»General Discussion»15 Reasons Why Americans ...»Reply #16