TV News LIES

Saturday, May 30th

Last update12:12:49 AM GMT

You are here News Editorials Prairie2: There goes one! STOMP STOMP SQUISH

Prairie2: There goes one! STOMP STOMP SQUISH

E-mail Print PDF

SquooshThe stock markets were down sharply today on the release of the last Federal Reserve Board minutes that suggest they are are losing their consensus on the continued printing of more money to plump up the bond markets. The Fed has been pumping out $85 billion a month in the effort to hold deflation at bay.

The math on what they've been doing is that this is roughly equal to a quarter of the Federal government's budget. Not that the taxpayer is funding this, the Fed just prints it, or rather they move electrons around in some computers to buy bonds from rich people and institutions so that they can show a profit and reinvest.

The worry isn't over the fact that the Federal Reserve is doing this, the panic is over the idea is they might stop. You can't let go of the tiger's tail until he's really, really tired. A lot of people on the right think we're just annoying the tiger, if we would only let go he'll be a good kitty and lick our hand. Does kitty want sauce with his finger snacks?

Senator Elizabeth Warren has just started holding her first hearings into the ongoing criminal conspiracy know as Wall Street banking. Needless to say she's not happy with the Obama Administration's lack of prosecutions, although she does acknowledge the lack of resources thanks to the Republicans...but feet are being held to the fire just the same.

More...


Most Recent Related Stories...


Our Troops do NOT Protect Our Freedom and We Should Stop Thanking Them for Doing So

Troops do not die for our freedomLet's make one thing crystal clear, no member of the US military contributes in any way...

Paul Krugman: The Bush administration wanted a war and concocted the intelligence.

Krugman"Mistakes were made" just doesn't get at the truth about how America was coerced into the...

Reprint from 2005: The Snake Oil Merchants Who Sold Us A War!!

Condy Rice, war mongerTalk about putting one over on the American people. This one takes the cake, it really...

Noam Chomsky: The Middle East Is on Fire, Thanks to U.S.

Middle east fires - USEarlier this month, Dan Falcone and Saul Isaacson, both high school educators, sat down with Noam...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!