Saturday, September 15, 2012

REACTION TO FED RESERVE PURCHASE OF SECURITIES

Yesterday's Blog on the Federal Reserve's buying of Securities stimulated (or provoked) a number of comments.  Some are presented below:

This was a simple bailout of Fannie Mae and Freddie Mac!

A needed stimulus; stead and manageable!

A needed stimulus, but too lttle too late!

Another Democrat trick to increase the debt!

Will start a currency war with foreign nations !

Another attempt to ease the pain!

More wasteful use of funds!


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