Tuesday, March 27, 2012

"QE3 is coming in one form or another despite what the political pundits say."

"QE3 is coming in one form or another despite what the political pundits say to the media and Joe Public. America's credit rating is looking worse with each passing year as our liabilities keep exponentially increasing without any signs of slowing in government spending or borrowing. The Fed will become the buyer of last resort when no one else is left that is willing to buy the debt of a bankrupt nation."

Don Lester...Rubicon Alliance

CNBC.com Article: Third Round of Bond Buying Not Needed: Fed's Bullard
A third round of Treasurys purchase is not necessary unless the U.S. economy deteriorates further, according to James Bullard, president of St Louis Federal Reserve Bank.

Full Story:
http://www.cnbc.com/id/46862674

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