The Federal Reserve announced this week that they will print $600 BILLION, known as Quantitative Easing II (QEII) , in what will prove to be another failed attempt to stimulate the economy. In fact, it will be the most destructive move yet and will kill the US dollar once and for all. This move will trigger hyper inflation and send the US economy into a tailspin having the exact opposite effect of what its intention is--typical anytime government meddles in the private sector. This is the exact reason why Congressman Ron Paul (R-TX) and many others including political action groups continue to advocate for the destruction on the FED and its dangerous and unconstitutional actions.
Other countries including Germany and China and many others have harshly (correctly) criticized the move as fool hardy and dangerous--both understatements. And gold and other metals, not surprisingly, rallied on the news as investors and countries take shelter in solid metals.
This is a sick display of ignorance. Basically what the Fed is going to do is print money to buy its own debt! With us already trillions in debt since the Scum Obama took office, this move fits in perfectly with his goal--to take down the US economy so that a new one world currency can be implemented--as his man-behind-the curtain, George Soros, dictates.
Ben Bernanke and every other slime at this shadowy, secret organization needs to be lead away in handcuffs and thrown in a pit for their crimes against this economy. We can only hope that the Republican take over of the House in January will lead to massive investigations on the Fed and Bernanke (go Darrel Issa !), dragging these roaches out into the light and stopping the printing press before this crime is completed next summer!
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