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Economy

westerebus

(2,976 posts)

13. It all comes back to what the Congress and Administration intends to do.

Reply to Demeter (Reply #1)

Tue Jul 30, 2013, 08:39 AM

Jul 2013

The Bernank is taking care of the bank's stock market. That is what he's done from the start.

Every time he testifies before Congress, he tells them the same thing, they need to do something about policy. Policy is infrastructure, student loans, HUD on one end of the budget sheet and on the other end is the MIC.

So far the MIC is doing just fine.

The good citizens, not so much.

Some will remember Dick Nixon's pledge to end the war in Viet Nam. He managed to run successfully for two terms on that pledge.

Dodd-Frank and two terms. Need I say more?

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Highlight:

Stock Market Watch, Tuesday July 30, 2013 [View all] Hotler Jul 2013 OP

Collateral Damage: QE3 and the Shadow Banking System By Ellen Brown Demeter Jul 2013 #1

It all comes back to what the Congress and Administration intends to do. westerebus Jul 2013 #13

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Mr. President, If you want to help the middle class..... Hotler Jul 2013 #18

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She's baaa-aa-aack! Tansy_Gold Jul 2013 #28

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Good to have you back! DemReadingDU Jul 2013 #30

OK, get the cat out of the toilet Warpy Jul 2013 #31