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Recent content by batazoid

  1. batazoid

    Unemployment News

    A PUBLIC ANNOUNCEMENT: December will be a stark month for over 15 million people facing a cut-off of all federal EUC and EB unemployment benefits. This includes all tiers: I,II,II,IV & V participants. These unemployment benefits will remain cut off until Congress reauthorizes them. Therefore...
  2. batazoid

    The Fed wants higher food prices!

    I was talking about a monetary policy, not regulatory and disclosure policies. Be that as it may; any time the Fed buys anything now days it does so with "deficit" dollars. Raising the deficit, devalues the dollar. Anytime you devalue the dollar, you decrease savings while increasing spending...
  3. batazoid

    The Fed wants higher food prices!

    I am a fiscally conservative, but I am not a dang fool about it. We are presently way beyond normal, ordinary market forces. Yes, I totally agree with your statement: But by simply going "cold turkey", as you suggest, is not possible given our present situation. As I pointed out, even if we...
  4. batazoid

    The Fed wants higher food prices!

    The problem with this statement is the consumers, themselves; who make up 70% of the economy. They can't or won't buy enough to turn the economy around until they are convinced the economy is stabilized, that a strong economic recovery lies just around the corner, and that their present...
  5. batazoid

    The Fed wants higher food prices!

    I simply cannot believe Ben Bernake, Chairman of the Federal Reserve, said this: "If the Fed were to communicate that it will tolerate a higher-than-normal rate of inflation, that could make companies feel more inclined to nudge up their prices. Shoppers, thinking prices would be rising even...
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