Hints At QE
Even though the European Central Bank lowered interest rates, hints of more QE in the works made the euro go lower and it appears that things in Europe are about to get exciting all over again. At least, QE is designed to help the economy.
QE: A Wall Street Bailout
Three academic studies and the architect of Japan’s QE program all state that QE will not help the American economy. In addition, Andrew Huszar, the Fed official responsible for implementing the Fed’s 1.25 trillion dollar QE program, has confirmed that QE is just a massive bailout for the rich. This is another reason why the fiat dollar is really for dummies and suckers.
Silver On The Ropes?
The 50 day moving average is resuming its downward trend after having leveled off back in late August. Odds favor the price continuing to go down to 20 and possibly 19 dollars. Of course, with the Fed stimulus, government deficit spending, record Silver Eagle sales and an almost steady-state silver production, there is no real catalyst for the collapse in the silver price. To that end, after preparing, keep stacking physical.
According to a Gallop poll, only 9% of Americans approve of the job Congress is doing. Even with a margin of error of 4 points, this is the lowest recorded measure in Gallop’s history. To this end, a whole new breed of corrupt sycophants will be SELECTED, as your new congressional representative, in 2014.
Another Obamawreck Winner
As over one million people had their health insurance cancelled in California alone, WebMD took in millions of taxpayer dollars, from a federal contract, to teach doctors about Obamawreck. So, while Obamawreck has the potential to bankrupt the U.S. as the ratio of insurance cancellations to enrollments is 50 to 1, WebMD joins AARP and Insurance Companies in making a fast buck at the Taxpayer’s expense.
Obamawreck Blame Game
More and more, people are waking up to the Obamawreck insanity. In fact, Obama’s pride website will not likely be ready by November 1st as promised. So now, in a predictable move, officials are trying to blame hackers for the failed website. Despite the fact that the site was not tested, until it was too late, and experts stated the site was poorly designed. Guess, after 5 years, “It’s Bush’s Fault” just couldn’t work anymore.
Finally, please prepare now for the escalating economic and social unrest. Good Day!
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