A Frightening Thought

Imagine what would have happened to the US if Gore, Kerry, McCain or Obama had been elected president.

About Tony Heller

Just having fun
This entry was posted in Uncategorized. Bookmark the permalink.

7 Responses to A Frightening Thought

    • It ought to be self-evident by now that the definition of big business is that it is independent of who gets elected.

      • _Jim says:

        No doubt, ‘they’ will go where led, which makes the point about the importance of LEADERSHIP; are today’s democrats capable of this (good stewardship or leadership)? Or, do we have to ‘pass the bill to see what’s in it’ each time?

    • _Jim says:

      And don’t forget about the QE (Quantitative Easing) program; the ‘printing’ of big amounts of money then basically given to banks/large investing business.

      Definition: Quantitative easing (QE) is the Federal Reserve’s program of buying bonds from its member banks. The Fed purchases [1] U.S. Treasury notes and [2] mortgage-backed securities (MBS), and issues credit to the banks’ reserves to buy the bonds. The purpose of this expansionary monetary policy is to lower interest rates and spur economic growth.

      Where does the money come from to purchase these assets? The Fed has the ability to simply create it. This unique ability is a function of all central banks. It has the same effect as printing money. The asset purchases are done by the Trading Desk at the New York Federal Reserve Bank.

  1. philjourdan says:

    in this case, 1 out of 4 is bad.

  2. ralphcramdo says:

    Out of the 4 I believe Sarah Palin would have made a better president.

  3. Richard Mallett says:

    Imagine what would have happened if David Cameron had been given a mandate to make Britain the greenest country in Europe ?

Leave a Reply

Your email address will not be published. Required fields are marked *