posted on Aug, 17 2009 @ 12:48 PM
on April 16, 2009 Federal Reserve Chairman Ben Bernanke says no, others say yes. Bernanke changed his attitude on april 15th whether pumping
billions of dollars into the economy through a myriad of economic stimulus packages will lead to inflation.
Federal Reserve Chairman Ben Bernanke says no, Bernanke is not betting that high jobless rates, idle factories, and lower energy costs will keep
inflation in check.
he just needed the economic stimulus package to keep the fed from writing rubber checks
the economic stimulus package was not designed to stimulate the economy... it was to keep the fedaral goverment out of bankruptcy
.
I challange any one working in or for the goverment to say here ... what you think the rest of us can't see
that which is obvious to you , they needed to issue bonds quickly , or their agencys had no money.
the tell , they needed to make it to april 16th.
bush knew this ,Barack Obama knew this , john mc caine knew this.
honestly, all this is misdirection , the federal goverment is not running on fumes , its trying to keep it togather , and the
economic stimulus package was a patch , to get it over the next bump in the road till october .. when they run out of money
and there is nothing on earth that can stop it.
the economic stimulus package was perposed by Federal Reserve Chairman Ben Bernanke in october of 2008 because he was told of the train
wreak that was comming , and told we get the money or we all go home .
the rest was all misdirection and and word games.
I firmly beleive the congress has not a clue , congress just tastes the blood in the water.
they have money , and they want to spend it.
the white house has a plan to keep the goverment solvent past oct. 2009 but this house of cards needs only a one card to
fall , and it will all come down... and I suspect they know it.