It’s just awful. This action only leads us further into inflation. This is what Obama wants. It means our money is worth less. One of Obama’s goals is to destroy American wealth.
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I wish not to be humoristic at this point in time re: USA economic market leveling, so all I have to say is "whatever it takes" which is solid & sound in approaches...
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We are already in real fiscal trouble. The continued flooding of printed money that has NO monetary value will bring down the dollar and eventually will bring up the interest on our debt. Inflation will also be a huge problem!
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Flooding the market with more printed money and continuing to reduce interest rates on a wide range of loans will not help to increase jobs and help build a stronger US economy . These actions will just continue to keep America in a deep recession with few new jobs available and more people out of…
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Until lenders form a new policy for lending criteria, problems will continue to occur. The current system using Fair-Isaac scoring to qualified people is extremely flawed. At one time banks used banking information, and references before lending. Now they use a credit scoring system which tends to approve the unqualified and deny the qualified, based…
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Recipe for financial collapse without doubt.
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