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    Who are the NERD fund donors Mr Snyder?

    Raise the curtain.

    Stabenow & Obama: AA Moonbattery

    By Corinthian Scales, Section News
    Posted on Fri Sep 14, 2012 at 06:03:10 PM EST
    Tags: Barry Odowngrade, Empty Chair, Crank up the Fed printing press Ben, NObama, Anyone but Stabenow (all tags)

    via CNBC.com

    Ratings firm Egan-Jones cut its credit rating on the U.S. government to "AA-" from "AA," citing its opinion that quantitative easing from the Federal Reserve would hurt the U.S. economy and the country's credit quality.

    The Fed on Thursday said it would pump $40 billion into the U.S. economy each month until it saw a sustained upturn in the weak jobs market. (Read more: Fed's 'QE Infinity' - Four Things That Could Go Wrong)

    In its downgrade, the firm said that issuing more currency and depressing interest rates through purchasing mortgage-backed securities does little to raise the U.S.'s real gross domestic product, but reduces the value of the dollar.


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    Its called a tax (5.00 / 1) (#1)
    by JGillman on Fri Sep 14, 2012 at 11:03:44 PM EST
    on EVERYONE.

    Obama can take his not raise one dime of taxes statement and shove it into the empty vault called the federal reserve.

    Inflation hurts the poor the most.

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