QE2 right after Elections?

[briansd1]

[quote=AN]
Count me as one of those sucker too. I’d gladly vote for Obama if he can give up a few more QE. Unlike the .com and RE bubbles, I’m old enough and ready this time. My vote can be bought :-).[/quote]

Then why not spend like there’s no tomorrow? If can have QE2, 3, 4, 5, we could have free health care and free college education for everyone.
We could have huge public infrastructure build up in high-speed rail, solar energy and the like.

What’s the difference? It’s money into the economy.

[CA renter]

[quote=jstoesz]Patrick.net linked this today in regards to QEII, and I thought it was pretty stinking doom and gloom…

http://market-ticker.org/akcs-www?singlepost=2241037

I hope it is not this bad.[/quote]

Could not agree more with Karl Denninger on this. He is 100% spot-on, IMHO.

[CA renter]

[quote=jstoesz]Patrick.net linked this today in regards to QEII, and I thought it was pretty stinking doom and gloom…

http://market-ticker.org/akcs-www?singlepost=2241037

I hope it is not this bad.[/quote]

Could not agree more with Karl Denninger on this. He is 100% spot-on, IMHO.

[CA renter]

[quote=jstoesz]Patrick.net linked this today in regards to QEII, and I thought it was pretty stinking doom and gloom…

http://market-ticker.org/akcs-www?singlepost=2241037

I hope it is not this bad.[/quote]

Could not agree more with Karl Denninger on this. He is 100% spot-on, IMHO.

[CA renter]

[quote=jstoesz]Patrick.net linked this today in regards to QEII, and I thought it was pretty stinking doom and gloom…

http://market-ticker.org/akcs-www?singlepost=2241037

I hope it is not this bad.[/quote]

Could not agree more with Karl Denninger on this. He is 100% spot-on, IMHO.

[CA renter]

[quote=jstoesz]Patrick.net linked this today in regards to QEII, and I thought it was pretty stinking doom and gloom…

http://market-ticker.org/akcs-www?singlepost=2241037

I hope it is not this bad.[/quote]

Could not agree more with Karl Denninger on this. He is 100% spot-on, IMHO.

[SD Realtor]

Actually there will be a QE3 and QE4. I am not as expert on this as other people, perhaps Rich can comment, however we are on a path that is pretty much irreversible.

Most people have not noticed small things but as a parent who runs the household and the books I have. To be more specific, our grocery bills are about 10-15% higher now then they were last year. While the boys are a year older we buy pretty much the same stuff.

We are told that inflation is tame but my bills do not say so. I have seen my gas bill go up as well.

The systemic destruction of the dollar will continue because the solutions are harsher then the current pain threshold. They are simple in nature, raising taxes substantially, cutting spending, and raising interest rates. However in an economy that does not have anywhere close to the capacity to create jobs there is no real fix available. Many people have also underestimated the damage that NAFTA has done with regards to factory relocations to Mexico.

Anyone in construction will tell you that substantial percentages of homebuilding product comes from China. From drywall to pvc, fasteners, plastics, all sorts of stuff. Unless we want to tax the heck out of imports to get those factories back on shore we will never ever see those jobs again.

There are only so many engineer and coding jobs available for US citizens. I do not have any answers for the job front. I do know severe austerity measures are needed to fix the debt problem. We have all heard the common argument that China will never quit supporting our debt because they will be hurt by our defaulting. At some point that will not be true.

We have been in uncharted waters for quite some time and NO political party has the will to reverse the course. Over the past year I have come to believe that the course is somewhat irreversible now. I think when the changes come they will be severe. I think that people don’t really want to face that reality because it is a hard thing to conceive of. It is kind of like thinking about not existing because you cannot really do that. We have never been in default, our country has never been told no, our credit has never been questioned and we have never had food shortages before. It is to easy to wake up, check the market ticker, shoot in a few orders, commute to work and check our bank statements every two weeks for direct deposit.

As happy as I was to see the election results the next day I was that much more disappointed as I realized it doesn’t matter who in is the govt. Those in charge are in a different echelon then society as we know it. The debt numbers currently are so staggering, the events that happen are so much larger in magnitude, that people are pretty much numb to it.

The funny thing is that as more and more noteworthy people raise alarms, there is still no real concern. Seeing people cheer for more QE events just reminds me that yes we are in deep deep sh-t.

[SD Realtor]

Actually there will be a QE3 and QE4. I am not as expert on this as other people, perhaps Rich can comment, however we are on a path that is pretty much irreversible.

Most people have not noticed small things but as a parent who runs the household and the books I have. To be more specific, our grocery bills are about 10-15% higher now then they were last year. While the boys are a year older we buy pretty much the same stuff.

We are told that inflation is tame but my bills do not say so. I have seen my gas bill go up as well.

The systemic destruction of the dollar will continue because the solutions are harsher then the current pain threshold. They are simple in nature, raising taxes substantially, cutting spending, and raising interest rates. However in an economy that does not have anywhere close to the capacity to create jobs there is no real fix available. Many people have also underestimated the damage that NAFTA has done with regards to factory relocations to Mexico.

Anyone in construction will tell you that substantial percentages of homebuilding product comes from China. From drywall to pvc, fasteners, plastics, all sorts of stuff. Unless we want to tax the heck out of imports to get those factories back on shore we will never ever see those jobs again.

There are only so many engineer and coding jobs available for US citizens. I do not have any answers for the job front. I do know severe austerity measures are needed to fix the debt problem. We have all heard the common argument that China will never quit supporting our debt because they will be hurt by our defaulting. At some point that will not be true.

We have been in uncharted waters for quite some time and NO political party has the will to reverse the course. Over the past year I have come to believe that the course is somewhat irreversible now. I think when the changes come they will be severe. I think that people don’t really want to face that reality because it is a hard thing to conceive of. It is kind of like thinking about not existing because you cannot really do that. We have never been in default, our country has never been told no, our credit has never been questioned and we have never had food shortages before. It is to easy to wake up, check the market ticker, shoot in a few orders, commute to work and check our bank statements every two weeks for direct deposit.

As happy as I was to see the election results the next day I was that much more disappointed as I realized it doesn’t matter who in is the govt. Those in charge are in a different echelon then society as we know it. The debt numbers currently are so staggering, the events that happen are so much larger in magnitude, that people are pretty much numb to it.

The funny thing is that as more and more noteworthy people raise alarms, there is still no real concern. Seeing people cheer for more QE events just reminds me that yes we are in deep deep sh-t.

[SD Realtor]

Actually there will be a QE3 and QE4. I am not as expert on this as other people, perhaps Rich can comment, however we are on a path that is pretty much irreversible.

Most people have not noticed small things but as a parent who runs the household and the books I have. To be more specific, our grocery bills are about 10-15% higher now then they were last year. While the boys are a year older we buy pretty much the same stuff.

We are told that inflation is tame but my bills do not say so. I have seen my gas bill go up as well.

The systemic destruction of the dollar will continue because the solutions are harsher then the current pain threshold. They are simple in nature, raising taxes substantially, cutting spending, and raising interest rates. However in an economy that does not have anywhere close to the capacity to create jobs there is no real fix available. Many people have also underestimated the damage that NAFTA has done with regards to factory relocations to Mexico.

Anyone in construction will tell you that substantial percentages of homebuilding product comes from China. From drywall to pvc, fasteners, plastics, all sorts of stuff. Unless we want to tax the heck out of imports to get those factories back on shore we will never ever see those jobs again.

There are only so many engineer and coding jobs available for US citizens. I do not have any answers for the job front. I do know severe austerity measures are needed to fix the debt problem. We have all heard the common argument that China will never quit supporting our debt because they will be hurt by our defaulting. At some point that will not be true.

We have been in uncharted waters for quite some time and NO political party has the will to reverse the course. Over the past year I have come to believe that the course is somewhat irreversible now. I think when the changes come they will be severe. I think that people don’t really want to face that reality because it is a hard thing to conceive of. It is kind of like thinking about not existing because you cannot really do that. We have never been in default, our country has never been told no, our credit has never been questioned and we have never had food shortages before. It is to easy to wake up, check the market ticker, shoot in a few orders, commute to work and check our bank statements every two weeks for direct deposit.

As happy as I was to see the election results the next day I was that much more disappointed as I realized it doesn’t matter who in is the govt. Those in charge are in a different echelon then society as we know it. The debt numbers currently are so staggering, the events that happen are so much larger in magnitude, that people are pretty much numb to it.

The funny thing is that as more and more noteworthy people raise alarms, there is still no real concern. Seeing people cheer for more QE events just reminds me that yes we are in deep deep sh-t.

[SD Realtor]

Actually there will be a QE3 and QE4. I am not as expert on this as other people, perhaps Rich can comment, however we are on a path that is pretty much irreversible.

Most people have not noticed small things but as a parent who runs the household and the books I have. To be more specific, our grocery bills are about 10-15% higher now then they were last year. While the boys are a year older we buy pretty much the same stuff.

We are told that inflation is tame but my bills do not say so. I have seen my gas bill go up as well.

The systemic destruction of the dollar will continue because the solutions are harsher then the current pain threshold. They are simple in nature, raising taxes substantially, cutting spending, and raising interest rates. However in an economy that does not have anywhere close to the capacity to create jobs there is no real fix available. Many people have also underestimated the damage that NAFTA has done with regards to factory relocations to Mexico.

Anyone in construction will tell you that substantial percentages of homebuilding product comes from China. From drywall to pvc, fasteners, plastics, all sorts of stuff. Unless we want to tax the heck out of imports to get those factories back on shore we will never ever see those jobs again.

There are only so many engineer and coding jobs available for US citizens. I do not have any answers for the job front. I do know severe austerity measures are needed to fix the debt problem. We have all heard the common argument that China will never quit supporting our debt because they will be hurt by our defaulting. At some point that will not be true.

We have been in uncharted waters for quite some time and NO political party has the will to reverse the course. Over the past year I have come to believe that the course is somewhat irreversible now. I think when the changes come they will be severe. I think that people don’t really want to face that reality because it is a hard thing to conceive of. It is kind of like thinking about not existing because you cannot really do that. We have never been in default, our country has never been told no, our credit has never been questioned and we have never had food shortages before. It is to easy to wake up, check the market ticker, shoot in a few orders, commute to work and check our bank statements every two weeks for direct deposit.

As happy as I was to see the election results the next day I was that much more disappointed as I realized it doesn’t matter who in is the govt. Those in charge are in a different echelon then society as we know it. The debt numbers currently are so staggering, the events that happen are so much larger in magnitude, that people are pretty much numb to it.

The funny thing is that as more and more noteworthy people raise alarms, there is still no real concern. Seeing people cheer for more QE events just reminds me that yes we are in deep deep sh-t.

[SD Realtor]

Actually there will be a QE3 and QE4. I am not as expert on this as other people, perhaps Rich can comment, however we are on a path that is pretty much irreversible.

Most people have not noticed small things but as a parent who runs the household and the books I have. To be more specific, our grocery bills are about 10-15% higher now then they were last year. While the boys are a year older we buy pretty much the same stuff.

We are told that inflation is tame but my bills do not say so. I have seen my gas bill go up as well.

The systemic destruction of the dollar will continue because the solutions are harsher then the current pain threshold. They are simple in nature, raising taxes substantially, cutting spending, and raising interest rates. However in an economy that does not have anywhere close to the capacity to create jobs there is no real fix available. Many people have also underestimated the damage that NAFTA has done with regards to factory relocations to Mexico.

Anyone in construction will tell you that substantial percentages of homebuilding product comes from China. From drywall to pvc, fasteners, plastics, all sorts of stuff. Unless we want to tax the heck out of imports to get those factories back on shore we will never ever see those jobs again.

There are only so many engineer and coding jobs available for US citizens. I do not have any answers for the job front. I do know severe austerity measures are needed to fix the debt problem. We have all heard the common argument that China will never quit supporting our debt because they will be hurt by our defaulting. At some point that will not be true.

We have been in uncharted waters for quite some time and NO political party has the will to reverse the course. Over the past year I have come to believe that the course is somewhat irreversible now. I think when the changes come they will be severe. I think that people don’t really want to face that reality because it is a hard thing to conceive of. It is kind of like thinking about not existing because you cannot really do that. We have never been in default, our country has never been told no, our credit has never been questioned and we have never had food shortages before. It is to easy to wake up, check the market ticker, shoot in a few orders, commute to work and check our bank statements every two weeks for direct deposit.

As happy as I was to see the election results the next day I was that much more disappointed as I realized it doesn’t matter who in is the govt. Those in charge are in a different echelon then society as we know it. The debt numbers currently are so staggering, the events that happen are so much larger in magnitude, that people are pretty much numb to it.

The funny thing is that as more and more noteworthy people raise alarms, there is still no real concern. Seeing people cheer for more QE events just reminds me that yes we are in deep deep sh-t.

[briansd1]

[quote=SD Realtor]

I think when the changes come they will be severe. I think that people don’t really want to face that reality because it is a hard thing to conceive of. [/quote]

I don’t think the changes will be severe. They are severe when taken over many decades, but the changes are gradual to people across generations.

For example, those who were vociferously against immigration, over decade, may age and have to rely on legalized immigrant nurses to take care of them in the twilight of their lives.

[quote=SD Realtor]
I do know severe austerity measures are needed to fix the debt problem.[/quote]

Severe austerity would be severe to the current generation. Nobody wants that for themselves. “Keep the government’s hands off my Medicare” they say.

[quote=SD Realtor]
As happy as I was to see the election results the next day I was that much more disappointed as I realized it doesn’t matter who in is the govt.
[/quote]

It did matter to you because you supported one side over the other.

The Blue Dog Democrats got voted out of office. And now we have the Tea Party.

[briansd1]

[quote=SD Realtor]

I think when the changes come they will be severe. I think that people don’t really want to face that reality because it is a hard thing to conceive of. [/quote]

I don’t think the changes will be severe. They are severe when taken over many decades, but the changes are gradual to people across generations.

For example, those who were vociferously against immigration, over decade, may age and have to rely on legalized immigrant nurses to take care of them in the twilight of their lives.

[quote=SD Realtor]
I do know severe austerity measures are needed to fix the debt problem.[/quote]

Severe austerity would be severe to the current generation. Nobody wants that for themselves. “Keep the government’s hands off my Medicare” they say.

[quote=SD Realtor]
As happy as I was to see the election results the next day I was that much more disappointed as I realized it doesn’t matter who in is the govt.
[/quote]

It did matter to you because you supported one side over the other.

The Blue Dog Democrats got voted out of office. And now we have the Tea Party.

[briansd1]

[quote=SD Realtor]

I think when the changes come they will be severe. I think that people don’t really want to face that reality because it is a hard thing to conceive of. [/quote]

I don’t think the changes will be severe. They are severe when taken over many decades, but the changes are gradual to people across generations.

For example, those who were vociferously against immigration, over decade, may age and have to rely on legalized immigrant nurses to take care of them in the twilight of their lives.

[quote=SD Realtor]
I do know severe austerity measures are needed to fix the debt problem.[/quote]

Severe austerity would be severe to the current generation. Nobody wants that for themselves. “Keep the government’s hands off my Medicare” they say.

[quote=SD Realtor]
As happy as I was to see the election results the next day I was that much more disappointed as I realized it doesn’t matter who in is the govt.
[/quote]

It did matter to you because you supported one side over the other.

The Blue Dog Democrats got voted out of office. And now we have the Tea Party.

[briansd1]

[quote=SD Realtor]

I think when the changes come they will be severe. I think that people don’t really want to face that reality because it is a hard thing to conceive of. [/quote]

I don’t think the changes will be severe. They are severe when taken over many decades, but the changes are gradual to people across generations.

For example, those who were vociferously against immigration, over decade, may age and have to rely on legalized immigrant nurses to take care of them in the twilight of their lives.

[quote=SD Realtor]
I do know severe austerity measures are needed to fix the debt problem.[/quote]

Severe austerity would be severe to the current generation. Nobody wants that for themselves. “Keep the government’s hands off my Medicare” they say.

[quote=SD Realtor]
As happy as I was to see the election results the next day I was that much more disappointed as I realized it doesn’t matter who in is the govt.
[/quote]

It did matter to you because you supported one side over the other.

The Blue Dog Democrats got voted out of office. And now we have the Tea Party.

[Author]

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