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What's funny is that the fed is about to say "Screw you Teabaggers"

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whyverne Donating Member (734 posts) Send PM | Profile | Ignore Wed Nov-03-10 05:43 PM
Original message
What's funny is that the fed is about to say "Screw you Teabaggers"
we are going to do more stimulus! I wonder if that will even be mentioned by the Republicans.
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NC_Nurse Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-03-10 05:49 PM
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1. Wall Street will love it, so no, most Repubs won't say shit.
They don't give a rat's ass about the teahadists.
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whyverne Donating Member (734 posts) Send PM | Profile | Ignore Wed Nov-03-10 06:09 PM
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2. That's why you gotta love their chutzpah.
If Obama does a stimulus, it's the worst thing ever, a total failure. But if the Republican led Fed does a stimulus, well, that's just fine.
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Bigmack Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-03-10 10:42 PM
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3. The teabaggers will not understand the connection....
"The Federal Reserve has announced another round of bond-buying in an attempt to stimulate the flagging economic recovery...."

You can see their little piggy eyes glaze over..

They don't know what the Fed is, or a "bond" is, or "flagging" is.

"Marge... wuts fer dinner?... Turn on the tube.. they's a NASCAR repeat on..."

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AtheistCrusader Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-04-10 04:08 AM
Response to Reply #3
4. Actually, Teabaggers are frothing to end the fed.
At least, the Ron Paul faction is.

The Dick Armey/Tea Party Express group is dumb as shit, likewise the FOX news/Tea Party Patriots, dumb as you describe. The RP guys, not so dumb, at least on this subject. They want to audit the hell out of it, blow the doors open for outside review/observation, and ultimately, kill it.

They also want to turn the clock back some 70 years and do the gold standard thing, or some quasi-gold-standard peg of the dollar to gold, so maybe not SUPER smart, but ... fiendishly clever, again, perhaps limited to this topic.
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Jim__ Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-04-10 07:17 AM
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5. Glenn Beck is doing "economic analysis" on the Fed's moves ...
... and he is advising teabaggers to buy gold - which he just happens to sell.
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Democrats_win Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-06-10 07:49 PM
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6. Exactly. This is really bad for the typical tea bagger--and many Americans in general
You would think this would be good for young people just starting out. But I'm not so sure because our manufacturing base is in China.

BTW, this FED move, when it causes inflation, will be a very regressive "tax" on all Americans. Finally, we know how WE will be paying for the failed Bush presidency. Sadly, those that are responsible for Bush and those who benefited from Bush, won't be hit as hard by this regressive "tax."
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Taitertots Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-10 07:33 AM
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7. They have no idea what the FED does
The vast majority of people I've spoken to have no idea what they FED does or what to expect when it does it.
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