Election Year Money Printing Scheme Courtesy The FED

Well it’s that time again. The temperatures are dropping, the kids are back in school, and the smell of bullshit is in the air. The bullshit and time of year I speak of is none other than presidential election time with false positive economic signs to boot. The tactic is what has become an unfortunately recurring one from the Federal Reserve. Ben Bernanke is at it again printing more money we don’t have to boost the economy. Of course though it doesn’t boost the economy it only drowns it more. He seriously cannot be this foolish to believe printing more money will positively boost the economy.

At one time in my life I believed Bernanke and predecessor Greenspan to be ignorant and overly optimistic of the Fed’s role in economics. But I have found I was being too friendly and rather overly optimistic myself. Here again just in time to artificially boost the economy to help Obama win re-election. (I wonder what deals Bernanke received in exchange for future Fed criminal disasters).

QE3 is the name of this new round of money printing. What can we do to prevent it from happening one might ask. Well I’m positive we can’t stop this round but we can spread the news that we know what’s going on and we won’t be fooled so easily. We can and should contact our congressman with our opposition to QE3 to let it be known. Spread the word! Printing money does not work and never has worked in the past!

Advertisements

Let Them Smoke, Or Don’t

I found myself in sort of a dilemma last Saturday early morning. As a minor detour I ended up staying over night in Las Vegas, carefully choosing a hotel not too close to the madness of the strip but also lively enough to inspire me as I would be writing in the cafe that featured free WIFI. When I write early morning I’m referring to late Friday night/early Saturday morning around two am.

After finishing my blog post one hour before it’s midnight deadline I decided to play blackjack (a blackjack table is hard for me to keep away from). Bringing only one hundred dollars to a ten dollar minimum bet table to maintain frugality while having fun and possible minor gain, I found myself as I often do enthralled in the game and losing track of time. After one hour or so passed I was left at the table with one middle-age Asian woman and a new comer, a man roughly in his early fifties with an assertive attitude which in turn gave him a somewhat menacing presence. He never made eye contact with me nor anyone else at the table. At  one point he reached into his shirt pocket and pulled out a package of cigarettes. I am not one for smoking but I rarely find myself annoyed when others smoke around me. The Asian woman to my right decided to move closer to me as I was in front of the smoking man on the opposite far end of the table, in order to get away from him and his discharge of smoke. The dealer stopped for a moment and addressed the smoker telling him that he must put his cigarette out. The smoker replied to this command with a rather nonchalant remark disguised as the question “Why. did I offend someone?” The dealer then pointed to a sign next to me which stated this table is to be a no smoking table. The smoking man saw this and replied again rather nonchalantly, “I’ve been coming to this town for over twenty years and not once have I encountered a no smoking blackjack table.” To which I replied similarly, “Wow, neither have I.”  (more…)