If not Socialism, what is it?

U.S. President Barack Obama launched a vigorous defense of his economic agenda on Wednesday, rejecting critics who call his policies "socialism". So what should we call it???

Federal Reserve Begins To Withdraw $2.2 Trillion

Federal Reserve Begins To Withdraw $2.2 Trillion From American Economy


The Federal Reserve Board faces a delicate task. Having pumped $2.2 trillion into the economy to fight the recession, it must start pulling that money back. It would have to sop up over half of that liquidity to get back to pre-recession levels.

The problem: Do it too quickly and the Fed might cut off or curtail the recovery. Wait too long and risk setting off a punishing round of inflation.

Ben Bernanke, as Fed chairmen typically do, gave only vague hints as to how he would accomplish that. In testimony never delivered to Congress because of this week’s blizzard but released anyway, it was clear that whatever the central bank does, interest rates are going up.

http://www.infowars.com/federal-reserve-begins-to-withdraw-2-2-trillion-from-american-economy/

War on the Dollar

Read the report....

http://finance.uncommonwisdomdaily.com/roi/war-on-the-dollar.php?

False Statements or just plain old LIES?

There are more people losing their jobs every day, losing their homes, and most are losing the faith they have in America. Even those who are receiving unemployment are finding it hard to get by or be able to afford gas to look for another job. My question is ...just when in the hell do the people get a decent break? Men who made $500+ a week only get $275 a week in unemployment??? That wont pay for rent and insurance on a car nor for food and gas....While the politicians give themselves a cost of living raise that they don't need, Older people who are trying to live on $600 a month from their Social Security got nothing...The rules must be different for the rich, they just get more and more while the little man dies from lack of food or medication. We were better off when Bush was in office. I say impeach the bastard and get rid of the crooks he has brought in to Washington D.C.

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Aware that his healthcare push is generating some opposition in Massachusetts, Obama made little mention of his top domestic priority, choosing instead to emphasize Brown's opposition to the bank tax.

But the fact is that Obama's healthcare overhaul could be slowed if Brown wins since the Republican has vowed to vote against it.

DEMOCRATS COULD LOSE SENATE SUPERMAJORITY

By losing the Massachusetts seat, Democrats would lose their 60-vote supermajority, hampering their ability to cut off debate and proceed to a vote. They could resort to tactics to pass it by a simple majority, but that strong-arm route would carry some political risks.

The wisdom of Thomas Jefferson