Fundamental issues - artificially low interest rates is helping to mask real cost to finance the ever rising Federal Deficit and real inflation.  This too shall pass once this bull crap monetary policy runs out of money to print.  We may then see interest rates like we did in the early 80's.

For those who were not around then a 30 year adjustable rate mortgage loan with 2% annual caps and 5% lifetime caps had a start rate of 17.50%.  I know as I was a banker for 36 years and yes people did borrow at these rates, but businesses can't pay these kind of rates and survive as margins are not high enough to absorb these type costs and still make money.

Certificates of deposit paid 16% to 18%.  I hope rates never get this high again, but the current rates are fake and fraudulent on the part of our government.  In 1973 when I graduated from college and started working in banking a passbook savings account paid 5.25% and a 30 year fixed rate mortgage was 7.50%.  By year end mortgage rates were 9.00%.

It is the presidents willful intent to have these budget projection reductions, they are not cuts, harm as many as possible to provide fodder for the blame game as the economy fails. I see J Kerry over in Egypt passing out billions to the Muslim Brotherhood, a terrorist group, while they burn american flags and push for the destruction of Israel and death to all the infidels.

Slackers, takers, fraudsters, all had better pay attention as their source of funds is declining and much of it being given to despots, phony energy companies,and vote getting scams of all sorts. Maybe if Obama does furlough enough govt workers, it will be apparent many arent needed. 800,000 civilian pentagon workers. scary that ANY government agency could be  that big. Cut, and cut deeply there, DOE, EPA, DOA, DOJ, etc etc..

Basically the pumping of money into the financial system is a total waste of time right now.

The money is being stolen by the Wall Street bankers before it ever gets to the hundreds of millions of Americans that need the money the most.

The government would have been much better off merely building factories that produced nothing and hire factory construction and factory workers at $125,000 a year and let them reinflate the economy.

Instead we now have farm land which should sell for $100 an acre going for $30,000 to $150,000 an acre doing no one any good.

Even at $100 an acre a farmer would be hard pressed to make a living on the land today. We are going to be in a terrible hurt when the US dollar collapsed sometime between now and 2015 as the Chinese yaun is fast becoming the preferred trading currency. Because more than 40 percent of our food is imported. Once the dollar implodes the imported food will cost about 500 times normal prices very fast.

The government is trying it's hardest to collapse the US economy because they are all Russian and Chinese deep cover spies. There is no other reason why the US economy is in such horrible condition and why no one is putting Americans to work for the wages that they need to make.

The collapse of the US economy is being done on purpose and Bernanke is pumping money into the Economy to keep people from realizing just how weak and fragile the economy really is.

When retired governement workers are making tens times what working class people are making as is the case now. And the government retired workers number 20 percent of the work force now we are in terrible trouble.

There is no bright spot in the economy anywhere folks. And a lot of people living off fewer and fewer workers making less and less.

It's not so much the S.S. retired people that are bankrupting the country it's the government retired workers making $120,000 a year in pensions and the hiring of only minimum wage people worked for only 29 hours a week that is causing most of the damage to the economy right now.

And it is only going to get worse folks.

THE CYCLE OF INEVITABILITY

Birth: A civilization is born out of a void. People work hard and gain from their efforts.

Growth: More people come and work hard. Prosperity comes because everyone works hard and makes gains.

Maturity: Pariah come; make laws so there are lawyers, taxes so there are bookkeepers, money so there are bankers and financiers, bureaucracy so there are politicians, paper so there are administrators.

Decline: People get tired of working so lawyers, bookkeepers, bankers, financiers, politicians and administrators can usurp all power and use corruption to suppress the masses into servitude. Civilization crumbles.

Death: The people rise up and destroy all pariahs.

Re-Birth: A new civilization is born out of the void. A “No Pariah” sign is posted. People work hard and enjoy life.