"The Fed Will Make Sure Obama Wins"

[I AM NOT THAT GUY 5,715]

The Fed Will Make Sure Obama Wins in 2012: Strategist

As we approach next year's presidential elections, the chances of President Barack Obama being ousted by a rival from either side of the political divide are low, according to Thanos Papasavvas, the head of currency management at Investec Asset Management.

“On the economic side, any signs of a deteriorating economic environment will see the Fed enacting QE3 (the third round of quantitative easing, or creating money) and hence indirectly reducing the probability of the economy derailing Obama,” Papasavvas added.

With the Republicans divided and no major rival yet to emerge, Papasavvas believes the American right wing will keep its powder dry for 2016 when four years of fiscal austerity will play into their hands.

“With no credible Republican heavyweight to face Obama, even those who have indicated their intent to run like Mitt Romney are unlikely to burn significant political or actual capital for 2012 preferring instead to wait for the 2016 election,” said Papasavvas.

http://www.cnbc.com/id/42794512

[Zero Sum 305]

The last paragraph posted proves the Fed will make sure Obama wins in 2012.

[Obama 2012 1,714]

This nation is full of a bunch of economic/fiscal idiots if they think the Fed printing more money, continuing to devalue the US dollar is an actual "good" thing.

[Zero Sum 305]

This nation is full of a bunch of economic/fiscal idiots if they think the Fed printing more money, continuing to devalue the US dollar is an actual "good" thing.

We need people like you in DC.

[Mr. Big Dog 10,747]

We need people like you in DC.

We have people like him in DC working hard to push the US and global economy off a cliff.

[Zero Sum 305]

We have people like him in DC working hard to push the US and global economy off a cliff.

But he says he is smarter than them.

[Mr. Big Dog 10,747]

But he says he is smarter than them.

If he was, he wouldn't say it.

[Zero Sum 305]

If he was, he wouldn't say it.

But he says it. I could believe him.

[Obama 2012 1,714]

We have people like him in DC working hard to push the US and global economy off a cliff.

I say quite the opposite from what the freak show in Washington is doing.

I've been screaming against what's going on in Washington for years, but you can keep trying to associate me all you want and ignore everything I've said.

[Vi-Jay 218]

A snippet from Bernanke, April 27th, press conference;

ON S&P ACTION ON U.S. DEBT RATING:

"In one sense S&P's action didn't really tell us anything because everyone who reads the newspaper knows, that the United States has a very serious long-term fiscal problem. That being said, I hope that this event will provide at least one more incentive for Congress and the administration to address this problem. I think it's the most important economic problem, at least in the long run, that the United States faces. We currently have a fiscal deficit that is simply not sustainable over the longer term, and if it's not addressed it will have significant consequences for financial stability, for economic growth, and for our standard of living... To the extent that the S&P action goads response, that's constructive."

It's a game of "hot potato".

or, Maybe it's a game of "chicken".

The budget, debt ceiling, inflation, energy, falling Dollar: who will blink first?

Doesn't matter. It's like committing pass interference in the end-zone. It's only delaying the inevitable.

[Zero Sum 305]

See? He's been screaming.