How You Will Be Effected By The New U.S. Fed $400 Billion Stimulus

[No DUplicitous DUpe]

How You Will Be Effected By The New U.S. Fed $400 Billion Stimulus
http://sane-ramblings.blogspot.com

Unless you are a giant company borrowing long term U.S. money or a U.S. home owner with huge equity in your home, have a big mortgage and strong personal credit and want to refinance your mortgage, it will have little effect on you. The economy is crumbling and the Fed wants to show it is taking action. Unfortunately for most people that action is meaningless and it shows us the Fed is out of good options.

For details of the Fed's announcement, please see "Fed Will Shift Debt Holdings to Lift Growth," The New York Times http://www.nytimes.com/2011/09/22/business/fed-to-shift-400-billion-in-holdings-to-spur-growth.html?_r=1&ref=todayspaper

[FrenchieCat]

1. Yes, the Fed would have been better off doing nothing,

like the pukes advised. Because helping no one at all
is always the best policy.

:sarcasm:

[Newest Reality]

2. Well, well ...

then a collapse of the life that we have known is looking more like realism rather than a gloomy outlook.

In hindsight, we may see the boondoggles as useful tools of social management. The wealthy were given a safety net so that they could hunker down while the collapse was glossed over and delayed via manipulation of perception.

It does not seem far to the fact that we can go with the collapse into Banana Republic with Third-World sprinkles, or we can begin contemplating change and adaptation towards something more local and innovative.

You would think that people, when confronted with obvious, survival-oriented crises and a host of perfect storms, (energy, climate, etc.) would start taking this predicament more seriously in a way that promotes action.

There will be much accelerated change in our lives, like it or not. We are at a threshold where that change can bear down us and oppress us in detrimental and unbearable ways, or we can start to explore and enact changes that will have personal and collective benefits in pragmatic ways that address the urgency and impact of what is happening.