QE2

Alright, so I'm going to take a risk here. I've been complaining a lot recently about a lot of political issues that have impacted Americans, not just in my area or of my "type of citizen," but across the board. Now, I think I am ready to speak for my inner economist. Be warned, I am a novice in this particular area. But, I will tie everything back to my expertise in Politics.

Okay, so let's lay out the facts. Ben Barnanke, the Chairman of the Federal Reserve, has started and supported a process called Quantitative easing. Yes, its difficult to understand and yes, it has a lot of math (just what the Fat Cats in Wall St. want so they can hide their crimes), but in general terms, this is what it is:

"a form of unconventional monetary policy used by some central banks with the aim of decreasing long-term interest rates." Wikipedia>

So, what does all that mean? Well, basically, "it is meant to stimulate the economy by keeping interest rates low and encouraging consumers to spend more and businesses to create jobs." Well, "create jobs" "encouraging consumers"... this sounds good, right? Well, low and behold, the Conservatives have a problem with it. And of all, here's the best part. The kings of the plutocracy, Goldman and Sachs, have spoken. Apparently, an additional $600 Billion are required to work this deal out. And to prove their political tact, these ECONOMISTS have cited the political opposition.

Well, being the only big cat on the street, Goldman's declaration that neither "Congress" nor "the White House" (both of which are Goldman's puppets) would agree upon such a policy is not a surprise. Is it? After all, there isn't a 9.8% (oh, wait 17.8%, off the papers) unemployment rate, is there? And besides, what kind of American would not mind a little tax bump to save jobs? Of course, it would be a better idea raising the top 1%'s (earning $250K) tax, but that's just another story, right?