Dick Morris TV in the Morning! Why Interest Rates Will Rise

Dick discusses the global repudiation of debt and the likelihood of big increases in interest rates now that the Fed has stopped QE2 -- its program of printing money and borrowing it back. He warns that the disease now gripping Greece will come around to us.

Category:

News & Politics

Tags:

• Dick
• Morris
• Debt
• Interest
• rates
• credit

[mummyduster]

What Dick doesn't say is that the Soros-Obama plan is working well--for them. They are very effectively destroying our economic base.

[emmy1cat]

QE is pretty much guaranteed with an election coming. Its either economic disaster now or kick it down the road with inflation. Since politicians are not famous for taking pain, guess what these criminals want?

“Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves."

~ Norm Franz

[MrMvt333]

wow... how right was he... interest rates rose by a negative since then... couldn't be closer to being right unless you were every major economist in the world who said they would lower, and in fact they lowered

[henrynevins]

Elect Palin or Trump in 2012 and make Dick Morris the one and only presidential advisor on everything, he has the genius of common sense. It's time American got down to business and began doing everything right. America is a business and needs to be run like a business. Politics and politicians are bankrupting us. American politics is the business of the weak, the corrupt, the perverts and the selfish in this country. Let's end it once and for all.

[MrBrown859]

If interest rates are raised by few percentage points, it is very likely lot of companies will break. You can say goodby to house refinances in the foreseeable future. That means more foreclosures. Universities are running very thin. If enrollment drops, you will lot of defaults out there.

[kodachromefilm]

So what are the reps are doing with Obama care (death care)? All of a sudden, we hear nothing about it any longer? Is it still on the table?

[madlevine]

Mr. Morris - plese run for President. The problem is you state the obvious and thus the Republican Campaign fund machine would not finance you - ala Newt.

Whatever happened to the big tent.

[cloudshe]

Mr Morris, your remarks seem to indicate that it's the FED that's borrowing the money back from the banks (after Printing Money to buy T-bills that no one else seems to want at the current rates).

it's actually the Treasury that's borrowing the money, if they had to sell New t-bills to cover current shortfalls IN ADDITION to paying off maturing t-bills, their interest rates (and inflation) would rise. Bernanke is printing money to indirectly pay the government's bills as i see it

[unsullied23]

There is no need to overstate the awful, stupid spending policies of Democrats and Obama. The plain truth is horrifying. Morris' research is usually excellent and spot-on. But in this piece there are numerous exaggerations. Don't give our enemies talking points, Mr. Morris.

[BamaKattt]

Perfect analysis! Except, the Fed is not going to stop printing money, QE3 is coming. Bernanke and his crooked bankster friends know we're screwed if they stop printing money, so they just wont stop.

The world is bankrupt, there is literally no way to ever repay it, the only way to fix it is to reset the world financial system and go back to square 1. And the only way this can happen is a major disaster.

PS Bin Laden didn't knock down the WTC, 9/11 was an inside job. Infowars.com

[tonyfressola]

Sorry Mr. Morris: You did ruin my breakfast and my day. Tony Fressola