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Helicopter Ben has little choice


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#1 pdx5

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Posted 14 April 2011 - 12:09 PM

The share of the population that is working fell to its lowest level last year since women started entering the workforce in large numbers three decades ago, a USA TODAY analysis finds.


http://www.usatoday....nterstitialskip

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#2 arbman

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Posted 14 April 2011 - 12:22 PM

I don't think QE3 is a remote possibility before a 20% sell off.

#3 pdx5

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Posted 14 April 2011 - 12:23 PM

I don't think QE3 is a remote possibility before a 20% sell off.


Logically speaking you are right. But political pressure can overcome logic.
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#4 SemiBizz

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Posted 14 April 2011 - 12:25 PM

The problem is that we need to be making some hard choices.... But we have these "career" politicians running this thing. We need to trim term limits down to 1 only. Get the citizens back in the government and these paid "professionals" OUT.
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#5 teknobucks

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Posted 14 April 2011 - 12:31 PM

The problem is that we need to be making some hard choices....

But we have these "career" politicians running this thing.

We need to trim term limits down to 1 only.

Get the citizens back in the government and these paid "professionals" OUT.




AMEN

#6 pdx5

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Posted 14 April 2011 - 12:32 PM

The problem is that we need to be making some hard choices....

But we have these "career" politicians running this thing.

We need to trim term limits down to 1 only.

Get the citizens back in the government and these paid "professionals" OUT.



Term limits would absolutely drain the swamp. Problem is they won't do it. They will not
eliminate their own lifelong jobs in many cases. It has to come from people referendums
and people in general are not well organized.

Edited by pdx5, 14 April 2011 - 12:36 PM.

"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#7 Islander

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Posted 14 April 2011 - 12:57 PM

The Board is conservative by nature, but the population is not. The politicans exploit the gullible voters and we are hammered by the them, Washington State is an excellent examply; I tie up there at Port Townsend, a very liberal seaport. I have moved some assets out of the US, I am fearful that we are going to down for the last time. Obama has me fearful he does not care or does no understand. Too negative? Probably, I hope so, But I only need a few more years and I don't want them in poverty. Best, Islander.

#8 dasein

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Posted 14 April 2011 - 01:01 PM

Semi, it is not career politicians that are the problem it is what politicians get elected - and how - no money no win, lots of money big win if you are in the 1st or 4th term - like every other job, politicians need experience to do things better - one term politicians will stop work halfway in the term to line up their next job at the higest bidder that is the only thing that will change - we have to change the entire political process so it is a job for honor and usefulness and not a job that feather's a person's own economic nest. until that changes nothing better will result.
best,
klh

#9 zoropb

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Posted 14 April 2011 - 01:10 PM

Nothing ever changes until there is blood in the streets or some real pain. $38 billion cut what a freaking joke that was. We need another zero at the end of that to have a remote chance. It won't happen it will be the bond holders that get fried and the US living standard via US PESO this time around.

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#10 Slothrop

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Posted 14 April 2011 - 01:20 PM

This post..."uh, QE3 is inevitable"...is getting to be as tiresome and tedious as the Zweig Market Breadth posts. Let's reiterate: Ben can't push another QE3 because that would take the long bond above 5% and ruin the "recovery." All he's done is create the ground for tremendous instability in the market. Dr. Hussman calls it balancing bricks at the top of a flagpole. Term limits is a red herring...has nothing to do with the Fed.