Comments on: QE2: That Ship Has Sailed

By: Myron Pauli

Myron Pauli — Fri, 15 Oct 2010 16:46:18 +0000

Other impending financial wreckage – I found out that “banks” (e.g. the pusillanimous, cheating, “privatized” arms of the Fannie/Freddie
Government) are “lending” 30 year mortgage money out at 4% fixed. This is clearly to prop up housing prices artificially high and to prevent more (deserved) foreclosures.

QUESTION to all: Given the trillion dollar deficits, would YOU personally lend out 30 year money at 4%. QUESTION # 2 – What will happen (again) to these “banks”? FINAL QUESTION – Will there be any money for the next round of bailouts??

BONUS QUESTION: Which makes better toilet paper – Lincoln on the $5 or Jackson on the $20??

By: james huggins

james huggins — Fri, 15 Oct 2010 12:49:08 +0000

Quantitative easing? Big whoop. As I’m sure most are aware I am a simple minded person who likes simple answers. The more the government monkeys with a problem the worse it gets. It’s also very likely that government monkeying caused the problem in the first place.

By: Annie

Annie — Fri, 15 Oct 2010 07:20:04 +0000

I loved your article! I was mesmerized at the President’s Speech last night and how he was totally engaged with the rescued miners! He had no sense of his surroundings as the last miner came out. Rather, he was immersed in speaking to him alone…it was magical! And to give the praise to God was also refreshing! God must be crying at our lack of attention and praise to him for these types of miracles and blessings! Anyway, thanks for a well written and “right on” summary of last night’s miners miracle! I can’t wait to read more of your upcoming analysis!