Reply to Quantitative Easing Explained

A cartoon generally supporting Ben Bernanke quantitative easing. However, strong criticism against the FED and national deficit. End Fannie Mae and Freddie Mac. Easy fair solution to eliminate filing taxes for all employees.

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News & Politics

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• xtranormal
• Peter
• Schiff
• Jim
• Rogers
• Marc
• Faber
• InflationUS
• visionvictory
• federal
• reserve
• inflation
• Ron
• Paul
• Max
• Keiser

[Foreshadow44]

All this talk of China owning debt. Go look it up, UK and Japan own more. That is stupid since The US makes huge manufacturing deals with the US. China does not want to destroy the US. They make it, we buy it. China has a vested interest in our existence.

[pirucreek]

@Foreshadow44 Japan and UK together own more than China. However, China owns more those individually. China or those countries pay no tax on their interest.  That is why I support the Romney plan of the 1st $200,000 of capital gains as tax free. To allow all citizens an equal playing field. I think it is time we end minimum wage and ban unions to allow all companies worldwide to compete. These laws allow other countries to move from 3rd world to 1st world which seems good.

[jdoernte]

The main problem with this video, and why it is not better than the video it is "responding to", is the fact that the author's political leanings are clearly indicated in the text. A political slant in a cartoon is simply pol propaganda for the upcoming election, not intelligent satire. e.g. blaming Reagan for the deficit, and then in the same breath, pumping up Obama as a deficit ...reducer? yeah...hate to sound like an obnoxious 14-year-old but....fail.

[pirucreek]

The whole point of this video is to show, the false villan is Bernanke. The real villain is every member of congress who voted to increase the debt ceiling. The money supply starts in congress, Bernanke just provides liquidity to keep interest rates in a window.

[abf617]

@pirucreek just a heads up. he doesnt want to ban unions. he just doesnt want the govt to support them. if i am not mistaking, a union strike is between labor and management, govt doesnt get involved and support either side, though I may be mistaking

[shyguy640]

If only Palin were this smart...

[XDMX13]

@pirucreek - Additionally, Obama as an attorney for ACORN pushed homes for everyone and admitted on CNN this would lead to substantial defaults. To quote BusinessWeek from a 2008 article: "It’s clear now that the erosion of lending standards pushed prices up by increasing demand, and later led to waves of defaults by people who never should have bought a home in the first place." Guess who this was regarding? The Clinton administration and their push for home ownership increase.

[XDMX13]

@pirucreek - You are not addressing my response to the previous poster. The bottom line is Obama has the power to veto these ridiculous spending plans. He is just another politician being controlled by special interests. In this case....banks. I am a realist and understand that Obama does not have the power I so vehemently state he should exercise. At the end of the day he is not in control. Globalists are.

[MegaAlphaDave]

This video is full of inaccuracies and obviously created by a poorly educated Obama follower.

[lesanne2]

YAWN .

[traindawg]

This video fails in what these videos set out to do: be funny.

[Foreshadow44]

Ultimately it helped the economy at the time since I spent it. If the economy in part is us spending money on American products and services, like my local Dentist or even a computer or my using that money to invest in a small business I don't see that as wasting money or bad tax policy. Most people would essentially spend it locally or in some indirect way that benefits the US economy.

[Foreshadow44]

Personally, I made capital gains (3000 invested, made 4750 in 6 months) so that is almost a 50 percent increase in my investment. I did so through stock sharing and the fact in many top positions in a company you can invest in a fund the company then guarantees a certain return and matches too). My income for that year was not more than 60k thus I would be one of those who would benefit from a 200k and below no capital gains tax. What did I do with that money.

[Foreshadow44]

I see your point about why you feel unions and minimum wage help nations like china and third world nations. I get that but honestly it is the deep capitalist who are to blame for doing business AND shipping jobs overseas. They could simply bar all chinese goods from our nation and the West in general. But they don't, so instead of a Cold War like we had with Russia perhaps dropping those protections Americans have can allow America to compete with those other large nations like India/China.