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  1. D-Cat:

    QE2 Pros: The US FED reflates the US economy, pumps 600 billion into the economy, printing money by buying T-Bonds, keeping interest rates low low low. Asset prices go up, housing prices go up, hopefully employment goes up, hopefully we get a heartbeat with this defribulator. Gold is the thermometer for all of this.

    Cons: Doesn’t address longer term the structural problems with the economy including the staggering debt and trade imbalances.

    Causes capital outflows to countries desperately trying to avoid overheating: China, India, Brazil…BRICS.
    Causes appreciation of foreign currencies. Our approach to others: Deal with it by intervening in to keep down your currency OR just deal with it. Then this becomes a defacto trade war. Who needs tarrifs? Just buy American because it is cheaper because the dollar is dirt cheap. It hurts everyone selling into American markets. Who needs agricultural tariffs? Don’t buy Brazilian or Argentinian soybeans, buy American because the dollar is so cheap due to QE2 that American farmers are doing a happy dance down Main Street. This is an in your face approach of the FED. Just deal with us. All of this is getting very very politicized. And the US is used to this approach because we were always the sun in the solar system. Now, it is getting harder and harder. No more hat and rabbit tricks. It should be interesting to see what comes out of the G20. This stuff gets very complicated because it dovetails with the whole agenda of the WTO, which is supposed to keep trade fair. Sort of.

  2. “I’m going to start suing you a**holes for discriminating against me. From what i’ve been going through i’m sure i can make a good sum of money doing this.”

    Typical entitled Section 8 thinking. How long you been on Section 8???

  3. omg look at this entitled person!?!? lol!

    “Wow, i am sorry to hear that you people feel this way. I am a section 8 tenant who is tyring to move back to manhattan. Need i say that i am not surprised by what i am reading. Trust me, i’ve been experiencing this stuff firsthand. Let me say that although i don’t make a lot of money my apartment is clean and in great condition. I don’t owe my lanlord anything. I am a good tenant and neighbor. As i’ve mentioned in some of my posts i see the game the lanlords and management companies play. It makes me both sad and mad. Actually i felt like giving up on the idea of moving back to manhattan because of all the trouble i’m having. But coming to this forum has truly lit a fire in me. I’m going to continue looking for an apartment. But this time i am going to start recording all of my interactions. I’m going to start suing you a**holes for discriminating against me. From what i’ve been going through i’m sure i can make a good sum of money doing this. Then i won’t neeed to rent from any of you. I’ll probably make enough to purchase my own home! So as of today i won’t look at being turned down for an apartment as a negative thing. I am gonna welcome it with open arms. Thank you city-data.com. I love ya!”

    Read more: http://www.city-data.com/forum/new-york-city/1124528-new-updated-section-8-payment-standards-4.html#ixzz14nlOiZ4U

  4. liquid gold?

    Apparently you buddy Christie talks the talk but doesn’t walk the walk. While a prosecutor loved staying at the pricier hotels on the taxpayers dime(above the approved limits). Maybe he needed extra size bed and only the ritz hotels had them.

  5. Dibs: Where is everyone?

    After yesterday, when the die hard OT and brownstoner junkies were getting carpal tunnel syndrome refreshing, like Pavlov’s dogs getting no dog bones, even the most addicted start giving up.

    Mr. B? How do you feel about your business falling apart?

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