A banker named Andrew Huszar that helped manage the Federal Reserve’s quantitative easing program during 2009 and 2010 is publicly apologizing for what he has done. He says that quantitative easing has accomplished next to nothing for the average person on the street. Instead, he says that it has been “the greatest backdoor Wall Street bailout of all time.” And of course the cold, hard economic numbers support what Huszar is saying. The percentage of working age Americans with a job has not improved at all during the quantitative easing era, and median household income has actually steadily declined during that time frame. Meanwhile, U.S. stock prices have doubled overall, and the stock prices of the big Wall Street banks have tripled. So who benefits from quantitative easing? It doesn’t take a genius to figure it out, and now Andrew Huszar is blowing the whistle on the whole thing. (
investmentwatchblog)
It's always blame the rich people. I wonder if this Huszar guy isn't covering for something more devious.
ReplyDeleteYeah, there's some deviousness there. It's also a subtle threat to Americans that they better support the US war machine or else when the Saudi's and China stop bending over, it's going to be a nightmare scenario.
ReplyDeleteThe solution he puts forward is also BS. That the Fed needs to improve its game, rather than you know, get rid of it completely and its owners.
Well David. It *is* the Rich people who directly benefit from Quantitative easing. It redistributes the wealth of the nation upwards towards the Bankers,Stock market manipulators & worldwide 1%ers. Decreasing the value of your own currency every time they print more money out of thin air. And when you do the research on who exactly are at the top of all those Corporations,Banks & other Institutions, it is invariably the Jews sitting pretty. They are syphoning off the cash into their already bulging coffers,whilst at the same time promoting the "Austerity Lie" - in order to make sure Governments keep people as poor as possible. As for the Fed? Dissolve it immediately & return creation of currency to the Government directly. Getting rid of the Jewish Ponzi scheme as "odious debt" is the only way any country,not just the USA, will be able to dig themselves out from under the yoke of Interest slavery.
ReplyDeleteNEVER FORGET, PEOPLE, THAT THESE FUCKERS KNEW WHAT THEY WERE DOING, AND KNEW DAMNED-WELL WHAT THE END-RESULT WOULD BE:
ReplyDeletehttp://lindseynarrates.wordpress.com/2013/01/22/the-financial-911-of-september-11-2008/
It is disgusting that almost NO ONE knows about this incident, and that it is never openly discussed.
Share that information as far-and-wide as you people can so that people WILL KNOW about it.
Lindsey
Attributing these policies to greed is like the government using incompetency for an excuse, covering up for the obvious fact that there is ill-intent, co-operation, and preparation. What if bond-holders are dumping US government debt, while the Fed is buying it up to maintain the price, and Huszar is pointing the finger at the usual suspects? He's like Russell Brand, trying to incite a riot.
ReplyDelete