Dems Pressure Fed To Stimulate Economy Before Election

[CuteOldGuy]

Yes, the Democrats want to expand the economy by increasing inflation and further devaluing of the dollar in order to help them in their bids for re-election. Rather than adopt appropriate fiscal policies, the Dems would rather risk a greater economic collapse for short term political gain.

I'll bet Bernanke, as spineless as he is, caves, so there will be a false view of growth before the election. It will collapse, the temporary growth is only for show. But we knew that, didn't we?

http://washingtonexaminer.com/sen.-s...rticle/2502356

[CJ7]

didnt the fed just pass on taking any further actions

[joe bloe]

It's getting hard to stimulate the economy with lower interest rates. Mark Zuckerberg just refinanced his house at 1%. Maybe, they'll start paying people to take money. Wasn't it a loose monetary policy that got us into this mess?

[CJ7]

IMO the economy is on cruise control

theres not much to be done by ANYONE until things begin to work themselves out, so to speak


4 days before the article COF posted ...

http://www.reuters.com/article/2012/...86C0WV20120713