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re: QE3
Posted on 9/13/12 at 12:50 pm to Blakely Bimbo
Posted on 9/13/12 at 12:50 pm to Blakely Bimbo
I hope they buy a bunch of the bullshite awful MBS which are stacked with loans required under the CRA
buy your own bullshite government, let the private market keep the loans with actually qualified buyers
buy your own bullshite government, let the private market keep the loans with actually qualified buyers
Posted on 9/13/12 at 1:02 pm to Shankopotomus
quote:
buy your own bullshite government, let the private market keep the loans with actually qualified buyers
The Fed =/= The Government
Bernanke is as disconnected from politics as a Fed President can possibly be, he didn't do this because its an election year. Bernanke is also the only real leader this country has had in over a decade.
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