By Suzanne Eovaldi, staff writer
“Pump to dump the Republicans” is now in full swing as Fed head Ben Bernanke looks to secure his reappointment and Obama’s reelection with a new Quantitative Easing (QE) maneuver even though he admitted in August that “the economy is far from satisfactory!”
Print money we don’t have but print it we will because America’s go to guy for easy money just pulled the lever of our printing presses to artificially pump the housing market hoping those new home owners somehow will make it to the polls in November to pull their vote levers for Barack Obama.
But wait a minute. Isn’t a loosey goosey housing market crisis what caused the 2008 crash? And doesn’t doing the same thing over and over to get different results constitute insanity? Well, maybe, not so much. If this financial snake oil salve worked in Obama’s favor then, maybe so now, and insanity turns into a … Continue Reading:Bernanke’s “Pump to dump the Republicans” scheme already hurting America’s credit rating