Thread: Financial media already crying for more stimulus from the Fed

"This puts the Fed firmly in play and they will likely feel compelled to respond," said Tom Porcelli, chief U.S. economist at RBC Capital Markets in New York, after data on Friday showed U.S. job growth in May was the weakest in a year.

"The missing ingredient preventing the Fed from action had been the equity market, but now we are seeing it softening," he said. "Equities are falling and that was the last hurdle for Fed policy action because all the other criteria have been met." Wall Street Week Ahead: Time for some more stimulus? - Yahoo! Finance

It never ends does it? This so called stimulus comes right out of the tax payers pockets. We are now approaching 16.5 trillion in debt,just how much more do these greedy so and so's need? Will china sit by and watch as their U.S. bond holdings become weaker due to increased debt and a possible further downgrade on america? I doubt it. China will be most unhappy if there is talk about a QE3. What CONgress should do ,is tell Bernanke to prepare for a full audit of the federal reserve, all the way back to 1913,since the private bank has never been audited before.

Originally Posted by Iconoclast

It is broken and can't be fixed without eliminating illegal aliens, most federal regulations, and federal power. It will NOT be fixed!

Iconoclast

I quite agree, the total amount of debt can never be repaid. europe is in chaos and heading for a break up, the financial future as we know it,looks grim. But, when we start over, only honest white people should be allowed in office. Change is coming,but, not the kind the liberals want.