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Thursday, September 13, 2012

Fed launches QE3

QE 3 Announced
 

*Not my Picture

The Rich will get Richer!  The poor will stay poor, and the middle class will become poor!  Whoops, that is not what the Fed is telling us will happen.  However if you will just take a moment to look at what has happened in other countries that have tried that and what is happening in our grociery stores and at our gas pumps you will see that QE3 does nothing, but help the rich bankers, get richer.

*Update
http://www.ft.com/home/us has an article that I can not access, showing that the US median income is the lowest it has been since 1995.

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