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re: QE3

Posted on 9/13/12 at 12:50 pm to
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21057 posts
Posted on 9/13/12 at 12:50 pm to
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
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5606 posts
Posted on 9/13/12 at 1:02 pm to
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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