Is The Fed Ready To Cut America’s Fiat Life Support?:
Excerpts from this article:
"The Fed has conjured up a perfect Catch-22 scenario for the U.S. economy...cancel stimulus, and we croak. Continue stimulus, and we croak."
"It is undeniable that America is thoroughly addicted to fiat stimulus. Every aspect of our economy, from stocks, to bonds, to banks, and by indirect extension main street, is now utterly dependent on the continued 24/7 currency creation bonanza...investors and banks still playing equities understand full well that any sign of fiscal improvement might mean the end of the private Federal Reserve’s QE pajama party. They know that without the Fed’s opiate-laced lifeline, the economy dies a fast and painful death."
Constitutional scholar Mark Levin said:
"You should view these politicians with the deepest contempt you can possibly imagine. What they are doing to this country, what they are doing to our finances - there is not a criminal in any federal prison, state prison, city or county jail with respect to financial crimes of any sort who collectively could have done the kind of damage that Barack Obama and Harry Reid and Nancy Pelosi and yes, willing, timid, gutless Republicans have done to this country! To your future, to your children and your grandchildren. What they are doing is with malice and with forethought." (source)
Recommended reading (my posts):
Bernanke: "The Pumping Must Go On!"
Bernanke Defends QE3, Tells Congress to Butt Out of the FED
Michael Moore Tweet: Don't Cry For Us America. You're Next!
If Your Outgo Exceeds Your Income, Your Upkeep Will Be Your Downfall
Obama Calls Republicans "Deadbeats" for Opposing Increase in Debt Limit
Explaining the Obama Economy to 6th Graders
The $17 Trillion Dollar Party
Nancy Pelosi: I'm All for Balancing the Budget...In A Few Decades!
Study: U.S. Debt Obligations $70 Trillion
Too Big to Fail is Now Bigger than Ever
If you really want to know what is going on with the Federal Reserve, read Gary Allen's 1971 book: None Dare Call it Conspiracy!
Recommended sermon:
When Government Tries to Be God, by Dr. David P. Murray
