canceled.2021.1
#AMERICAISDEAD
Yes sirree. That is the fact Jack.
Let's look at Chairman Bernanke's moves last week announcing QE3 and the subsequent cheering from the leftwads on this message board.
What is Bernanke counting on with QE3 and buying of mortgage backed securities? He is hoping that inflating asset classes such as real estate and stock market prices will create a wealth effect which will spur spending which will in turn spur economic growth which will in turn increase hiring.
But, who benefits from Benny Boy buying mortgage backed securities? Is it the single mom renting an apartment who is barely struggling to get buy? Is it the woman who wonders where she is going to get the money for her third abortion?
No, they aren't going to benefit. Those who own stocks (the top 10%) and those who are already current in their mortgages will benefit. So Benny Boy is hoping that giving money to the top 10% will trickle down to everyone else. And guess what? The libturds cheer it on.

Let's look at Chairman Bernanke's moves last week announcing QE3 and the subsequent cheering from the leftwads on this message board.
What is Bernanke counting on with QE3 and buying of mortgage backed securities? He is hoping that inflating asset classes such as real estate and stock market prices will create a wealth effect which will spur spending which will in turn spur economic growth which will in turn increase hiring.
But, who benefits from Benny Boy buying mortgage backed securities? Is it the single mom renting an apartment who is barely struggling to get buy? Is it the woman who wonders where she is going to get the money for her third abortion?
No, they aren't going to benefit. Those who own stocks (the top 10%) and those who are already current in their mortgages will benefit. So Benny Boy is hoping that giving money to the top 10% will trickle down to everyone else. And guess what? The libturds cheer it on.
