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Dollars. qe-1, qe-2, they did this instead of writing down the debt at the time and restructuring the debt at the time. instead they gave the banks and household debt of this country to the american government. so we find ourselves at this precipice. at the same time there s still talk and i said to play a sound bite that they might want to do more money printing qe-3, even as housing, jobs and the debt problems have not been helped by those activities. take a listen to the fed chairman. the possibility remains that the recent economic weakness may prove more persistent than expected and deflationary reemerge, implying a need for additional policy support. prudent planning requires we evaluate the efficacy of these for deploying additional stimulus if conditions warrant. why what is he thinking, in your view? well, he s just expressing what he s believed in. he ace written about, he s talked for so many years, that the fool for the fed and the ....
Your thoughts on bernanke today? i think it s his swan song, he s finished and none too soon. this qe-1. qe-2, has a calamity of historic proportions. the only thing it did, and we know this now today, it brought a huge windfall of speculative gains literally tens of billions to park avenue and left main street high and dry, with double-digit food and energy inflation and with zero digit savings on their bank accounts. the problem we have in our economy is the 30-year buildup of debt, nothing like we have ever seen in history, 52 trillion of public and private debt, 360% of gdp, compared to a normal ratio of 160%. what did bernanke do? he tried to drive zero rates to negative, thinking we just need ....
Enough to spur real change in people s fortunes when it comes to jobs. let s strip the politics away. is the economy improving or turning for the worse or do we not have a way to be sure yet? it s sort of threading water. there is good news, bad news, a lot of news coming out this week, everybody is focused on that. look, the government is almost out of ammunition when it comes to helping the economy grow. qe 1, qe 2, it s done. we have had interest rates of zero for two to three years now. the economy is going to have to show some improvement on its own at some point. we are still waiting for that growth is anemic. gerri willis. her shows 5:00 eastern on the fox business network just up the dial. when the tornadoes slammed into massachusetts with little warning, one woman in west springfield knew she had to protect her 15-year-old daughter. so as the story goes, she put the girl in a bathtub and got on top to shield her from the ....
Cnn s polling unit says it never even polled on that question. never asked it. where is he getting that? take trump up take trump up, contessa, on that issue. but this whole idea of race, you know what, if there are birthers and they re all crazy and silly for actually wanting to see a birth certificate, let s talk about the racers, the people who believe that everything is a conspiracy about race. it s obama s race that people want to see the birth certificate, it s obama s race that people don t like the out of control spending. it s not his race. it s that he s awful. the policies are terrible. obama care is a lie and a failure. qe-1 and qe-2 didn t work. it s crazy. there are people who have the exact same stand when george w. bush was president, said the exact same words you re saying about president bush. and they never demand wait, and they never demanded to see a birth certificate. they didn t say it was race. everything this comes out of the racers, and they exist ....
More people than ever before on food stamps. gosh, i wish they would have prepared, huh? feel? the president stated policy is have prices necessarily skyrocket. obama, done nothing. but hurt it with a gulf ban. jobs and energy. one stroke of a pen. how great is that? stoking the flames, and starting another war in the middle east. now let me get down to this. your money. because this is really, this represents your work. this is your time. time is money. you put time. some more than others. you you may have worked your whole life to save these and retire. now respected economists now say that the best way out of this is to inflate our way. we have printed so much money it s now, we re standing around the oval office cheering on inflation. stimulus, tomorrow, qe-1, ....