Federal Reserve Policy IS Working ... Just Not For America

George Washington's picture

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blindman's picture

http://www.democracynow.org/blog/2010/10/18/part_iislavoj_zizek_far_right_and_anti_immigrant_politicians_on_the_rise_in_europe

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October 18, 2010 Part II..."Slavoj Zizek: Far Right and Anti-Immigrant Politicians on the Rise in Europe"
blindman's picture

working "on" america, definitely not for it.

one result of the new qe2 will be more speculating

in commodities to further drive up prices in the usa.

accelerating the collapse and creating better buying

opportunities for hedge funds to buy infrastructure to

further the toll booth economy concept.  as things get

worse there will be further need for qe^2 and so on.

no job will be created, none that has a paycheck associated

with it.  just a little something to make a monthly payment on

a desperate loan.  systemic structure and function.

replicanomics. ( blade runner feel ). 

onlooker's picture

Geroge, xlnt bit of bad news. It my hope you are incorrect. Keep us posted. Anything new in the Gulf of Mexico? Will the Republicans continue the cover up???

rocker's picture

It is starting to get ugly.  Eh.

Buttcathead's picture

The zombie bankster bankruptcy auction keeps getting bid up, but the auctioneer wont say the four letter word...  Sold  Oh the humanity !

Buck Johnson's picture

That would explain why they want to repatriate their money overseas without the big tax on it from the US.  So the inflate the foreign markets and then when those pop the run back to the US and then deposit it into the banks to start the game all over again. 

JimboJammer's picture

Gold  is  cheap  right  now  compared  to  July  of  2011..

Cdad's picture

Money leaking overseas...why would that bother anyone at JP Morgan?  The GPS systems in the lear jet is already preprogramed for when the time to leave is upon them.  These folk, this class, the oligarch...he cares not about some American ideal anymore than he cares about the rule of law.  He has shown us all that he is there for scalps and America be damned. 

Not sure what the mystery here is about leakage.  Seems logical to me that the banksters involved are encouraged by leakage.

 

goldmiddelfinger's picture
Gold was slapped down to avoid embarrassing Fed, Sinclair tells KWN

Jim Sinclair - Gold Bottomed, Dollar Index Headed to 56

 

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2010/11/3_Jim_Sinclair_-_Gold_Bottomed%2C_Dollar_Index_Headed_to_56.html

goldmiddelfinger's picture

QE leakage into foreign economies and nonproductive assets like gold far exceeds the benefits left behind to the unemployed and the US economy. The leakage overseas exhibits multiples of wealth creation, to the expense of the US taxpayer, saver and consumer, nowhere near realized at home.

bruiserND's picture

If the Bankster Oligarchy is committing treason.. then why aren't there hearings and talk of a military junta?

There must be some union of Lions or Patriots in the combined branches of the armed forces . They all know who each other are vs. the ticket puncher bureaucrat types. To unite and create a formal document and send it to the Joint Chiefs would at least serve written notice that this has become a national security matter and that they are watching.I only wish the Joint Chiefs had the sophistication to see how this is going to impact national security. They have an obligation to speak up.

When insolvent banks are a higher priority than the people it can only end one way.

CPL's picture

Five bucks says the US armed forced are dropped like a hot potatoe overseas on posting and promptly ignored.

 

Not a wish mind you, but would you want experienced soldiers around while running their homeland into the ground.  I if overthrew a country in a bloodless and obvious coup, I certainly wouldn't.

LowProfile's picture

You seriously think they could keep them from returning here if they wanted to?

CPL's picture

Five bucks says the US armed forced are dropped like a hot potatoe overseas on posting and promptly ignored.

 

Not a wish mind you, but would you want experienced soldiers around while running their homeland intot he ground.  I wouldn't.