• Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.
  • Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.

Wednesday – QE3 or not QE3? That is the Question

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Thu, 04/28/2011 - 05:30 | 1215053 M4570D0N
M4570D0N's picture

But hey, on the bright side, China is gonna make some steel in Texas:

http://breakbulk.com/steel-metals/chinese-build-steel-plant-us

Tianjin Steel Pipe Group’s plans to build a US$1 billion seamless steel plant at the Port of Corpus Christi on the Gulf of Mexico have been approved by China’s National Development and Reform Commission.

The new facility is expected to produce 500,000 metric tons of pipe. Construction is estimated at between three and four years, according to Steel Guru.

The building of the steel plant in the U.S. is be a strategy to avoid U.S. imposed anti-dumping duties of 32 percent and 98 percent on imports of Chinese steel pipe products, according to US steel manufacturers and other observers. Tianjin Pipe faces a combined dumping and countervailing duty rate of 62.65 percent on pipe imported into the US, according to the U.S. International Trade Commission, which approved the rates last October.

Wed, 04/27/2011 - 18:24 | 1213914 apartofthings
apartofthings's picture

Great first parapgraph. You have adapted Hamlet's soliloquy for the zeitgeist.

Wed, 04/27/2011 - 16:21 | 1213393 disabledvet
disabledvet's picture

blah, blah, blah.  Nice male fantasy stuff though.

Wed, 04/27/2011 - 15:52 | 1213246 Magnix
Magnix's picture

Since I have never seen Ben B. on video or TV, but Im just shocked that he lied by saying that we're slowly recovering (growing) with small growth of inflation. Wow! Just now the Dollar index dropped big time to 73.30. We're dooooooomed!

Wed, 04/27/2011 - 15:47 | 1213197 SwingForce
SwingForce's picture

I've decided that Bernanke is a moron.

Wed, 04/27/2011 - 14:47 | 1212817 km4
km4's picture


Mr QE Bernanke China says it should cap forex reserves at 1.3 trillion U.S. dollars. It now has over 3 trillion in U.S. dollars

Comment please

Wed, 04/27/2011 - 14:40 | 1212768 falak pema
falak pema's picture

good luck uncle Romanov...if you fail remember the October revolution...

Wed, 04/27/2011 - 16:00 | 1213275 Holodomor2012
Holodomor2012's picture

Complete reversal of context isn't that?  Considering Bernank is a grandchild of Bolshevism.

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