Dems Pressure Fed To Stimulate Economy Before Election

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

didnt the fed just pass on taking any further actions

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?

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