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Old 12-08-2012, 01:26 PM   #22
mhgaffney
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Join Date: Apr 2006
Posts: 10,952
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The banksters just got ~$40 billion in virtually free money via QE 3.

They won't invest it in the real economy because they can get a guaranteed return by purchasing US gov't bonds.

Banksters prefer a low rate of return if its no risk.

Meanwhile, the dollar erodes, there are no jobs, and we face likely cut backs in SS and medicare --

not to mention political paralysis -- an explosive mix

MHG
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