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Fed Pulls Trigger, to Buy Mortgages in Effort to Lower Rates

September 13, 2012

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"The Fed said it will buy $40 billion of mortgage-backed securities per month in an attempt to foster a nascent recovery in the real estate market."

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Your future tax dollars at work.

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Negative $4,019 - The Obama Years Have Been Brutal On Middle-Class Incomes

"In January 2009, the month President Obama entered the Oval Office and shortly before he signed his stimulus spending bill, median household income was $54,983. By June 2012, it had tumbled to $50,964, adjusted for inflation. (See the chart nearby.) That's $4,019 in lost real income, a little less than a month's income every year." Click here for article

House Panel Probing Stimulus Cash For MSNBC Ads

"..one taxpayer watchdog who questioned not only the lack of jobs but why the commercials aired only on MSNBC, considered the most liberal of the major cable news outlets." Click here for article For the same reason billions of taxpayer dollars were funneled to favored green companies. For the same reason certain GM dealerships were closed, and certain were not. This is what Crony Capitalism looks like, at the taxpayer expense.

Capitalism at Work: Facebook IPO Could Create 1,000 Millionaires

Yes, it's called Capitalism! Somebody remind Obama and his radical, Socialist/Communist, wealth-redistributing, class-warfare, hate-the-rich, Capitalism-is-inherently-racist-sexist-evil comrades. Click here for article

Fed Pulls Trigger, to Buy Mortgages in Effort to Lower Rates

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