Quantitative Easing – Is it a problem?

Just something to think about. Quantitative Easing!! What you might ask is quantitative easing. It is a government program to print money and use it to buy up assets like long-term Treasury Notes and mortgages from banks. Now, think about this for a minute, the government prints money and then uses it to buy treasury notes which are issued by whom? Ready, by the government. This is supposed to lower interest rates and help lower unemployment. What it really seems to be doing is simply “bailing out” banks and other financial institutions. Oh, and driving the price of gold up. LOL

How much is this costing us and again where is the money coming from. Well, the Federal Reserve (AKA the Central Bank) has printing presses and plates that print money, so they print it as fast as they can. They then send it to the banks and financial institutions and receive back the treasury notes that they printed. This almost sounds like a ponzi scheme to me. Oh, how much money are they printing, 85 billion dollars a month. That is over 1 trillion dollars a year.

This is what is causing the stock market to do what it is doing and gold prices to stay high. From my view this appears to be unsustainable and will have to come to an end at some point. Think about this. You have been getting 85 billion dollars a month from the government and sending them back a treasury note that would have paid a little over 2% interest. Now one day the government decides they are no longer going to send you the 85 billion. Whoa, what am I to do? I have gotten use to that monthly stipend and now I am not getting it. What happens then? I don’t know, but I am sure that whatever happens will not be pretty and not be good for the economy.

Fix vs. Delay – ObamaCare

Just something to think about.  ObamaCare. When will the leader of our government realize that he cannot just change laws at his whim? It’s like, OK it doesn’t work, let ME change this and see if that fixes it. We once again have the Federal Government telling the states and insurance companies how to run their businesses. By the way, changing the law to force insurance companies to sell people the policies they cancelled is not a fix it is simply delaying the inevitable under this massive law. This is a given since under this “fix” (NOT) the same thing will happen at the end of 2014.

It should be intuitively obvious to even the most casual observer that ObamaCare is broken. That there are some parts of it that need to be changed. Maybe those that supposedly represent “we the people” could take the time to read it and make the changes necessary to make it actually work. For them that would be something really unique, given that some of them were so proud of the fact that they did not read it before passing it.

Health Care and Pants on Fire

Just something to think about. Health Care and everything that is not working about it. There is a hearing about it today. This is a serious time. We need answers as to what is going on and how it will be fixed. Then we have Rep. Rangle and Rep. McDermott making up lies about the Republicans and what happened in 1935. The only correct statement that either of them made is when Rep. McDermott said “but there’s none left in the Congress” referring to those who were there in 1935. This country needs leadership now and these two are by no means an example of a leader. Too bad that their pants don’t actually catch fire when they tell a lie. Guess if they did they would have to have the fire department there everytime a politician opens their mouth (Just in case – - LOL).

New Reality TV Show – The Government Goes Wild

Just something to think about. I believe I have figured out how to pay off the national debt and have plenty of money to spare. Remember how the President talked about transparency in the government? Here is my solution. Reality TV!! Instead of showing everything on C-SPAN like he talked about and has not done, go with a live reality TV show. Have it on several times a day.

The White House, the Senate, the House of Representatives, different departments (Justice, Homeland Security, NSA, etc.) and maybe even a few (in their minds) elite government figures like Harry Reid, Nancy Pelosi, Mitch McConnell and John Boehner. Here is the deal. sponsors. Get banks like Wells Fargo, Bank of America, JPMorgan Chase and Citigroup to sponsor the shows. Throw in companies like GM, Google and IBM. Add some universities like Harvard and the University of California. Get some individuals to chip in some sponsorship dollars. Say George Soros, Bill Gates and Mark Zuckerberg. Oh, and lets not forget the unions. They could charge any amount for the ad time. Would not matter since it is advertising and they can write it off as a cost of doing business.

This would be reality TV at its best. No holds barred, real life drama, name calling, whining, insults flying. It would play out like a high stakes game of chance. There would even be the scandals, all kinds, people tweeting inappropriate picture, people walking back what they said (a euphemism for being caught in a lie), and people that are in charge blaming other for their failures. I mean we can have it all. Maybe show a bit of gun trading with known criminals, or a raid by armed law enforcement agents on an animal shelter to prevent them from taking care of a 35 pound baby deer. Anyway, you get the idea.

Now I know it is hard for the government to do anything right, but if they do this right, watch out. We are on our way to easy street. Now you have to understand that reality shows like “Keeping Up with the Kardashians” (have never seen it), “Honey Boo Boo” (have not see this either) and others will be in danger and probably go off the air. Not sure about Duck Dynasty, they might make it as a nice break from “The Government Goes Wild”.