drlarrygino wrote:
No artificial boosts to the economy under Bathhouse Boy? You must be kidding. Did you miss QE1 and QE2 which the Feds had to do to keep Bathhouse Boy's very weak economy afloat. Nothing like printing $$$ trillions to keep the economy going but the sad part is that the money was supposed to be spent on shovel ready jobs, which were never ready, and then ovommit gave,$$$$ billions to his special interest groups and his buds who then kicked back $$$ funds to him so he could buy his mega mansion on Martha's Vineyard right on the Atlantic Coastline by the rising C*****e C****e seas. Ovommit had it all worked out and conned you rednecks.
No artificial boosts to the economy under Bathhous... (
show quote)
Larry, larry larry,,,, the QE programs were to combat the bush recession not stimulate the stock market which is all trump ever did.. as for the success.. read from the "balance"
https://www.thebalance.com/what-is-qe1-3305530QE1 and How It Stopped the 2008 Recession
The Quick Thinking That Saved the Housing Market
Federal Reserve Board Chairman Ben Bernanke testifies before the Joint Economic Committee April 14, 2010 in Washington, DC.
•••
BY KIMBERLY AMADEO REVIEWED BY
ERIC ESTEVEZ
Updated July 09, 2021
QE1 is the nickname given to the Federal Reserve's initial round of quantitative easing. That's when the Fed massively increased its standard open market operations. It purchased the debt from its member banks. The debt was mortgage-backed securities, consumer loans, or Treasury bills, bonds, and notes. The Fed bought them through its trading desk at the New York Federal Reserve Bank.
The QE1 program purchases lasted from December 2008 until March 2010.1
As for those shovel ready jobs, they were part of the recovery in Minnesota and Wisconsin.. were you living in a red state which government refused to participate in the Democrat directed recovery, just so a black man would never get the credit??
If they did not work for you, write your state rep and b***h to them..
You sure seem determined to rewrite the recovery history to match republican wishes.. I have told you before wishes do not matter.. facts count..
You should also keep in mind that the democratic party is not as corrupt as your republicans and kickbacks are not standard.. they did not happen as you wish they had..
so many wishes and so little reality.. You can do better then that..
I have just the meme for this post, but this darn machine I call a computer will not work ... must be the heat..
Hot at your house??