It certainly looks like Janet Yellen, who has recently been chosen principal head of the U.S. Federal Reserves will continue with the Fed's remarkable financial stimulus until she she says that she sees a sturdy recovery. On the other hand, President Obama went back just a bit on his socialization of American medication, unilaterally making a decision not to oblige insurers to cancel millions of customized health care policies after all-- at least up until the following year.
In Washington, this is how politicians make what they call "progress." But rank-and-file Americans certainly understand that what they're watching, instead, is a rearranging of the deck chairs on the Titanic-- that seemingly invincible craft that now has become an apt analogy for the once seemingly invincible United States of America.
All Yellen has done is tell the Senate in her confirmation is that she sees absolutely nothing wrong with continuing the Quantitative Easing policy of her predecessor, Ben Bernanke. She will continue it until she sees no more indications of financial trouble. So she's not likely to taper the Fed's $85 billion in month-to-month bond purchases any time quickly.
Yellen understands that "QE" is among the few props still holding up the highly unstable worldwide economic situation and keeping it, for now, from falling into the void of chaos and confusion as it did 5 years back. Just as Obama has his fixed ideas that he has no real intention of slackening in his massive push to take over Americans' health care despite all the troubles he has actually triggered with his initial lies on this national project, reneging on his promise to allow people to keep their plan and keep their physician under Obamacare.
Americans may be stupid-- but they aren't stupid. They see all of this and it creates one huge hesitation in their minds and hearts about the nation's economic future, and their own financial future. That's why consumers aren't spending the way the pundits believe they should be with Obama in charge, and why business owners aren't hiring the jobless the way the sages believe they should be, and why members of the Millennial generation aren't buying anything but cell-phone apps the way everyone else believes they should be. The smart ones see their future-- and it looks dim.
But there are a few things that ordinary Americans can do to secure themselves to prepare for the next economic calamity, one that political leaders are just biding time on in the hopes that the threat will simply disappear. Americans can transfer their family financial assets to real cash, The Lord's Money: gold and silver financial instrument that have actually held up throughout history. Precious metals are the only financial means guaranteed to stand whatever financial and spiritual tests loom for this generation of Americans.
In Washington, this is how politicians make what they call "progress." But rank-and-file Americans certainly understand that what they're watching, instead, is a rearranging of the deck chairs on the Titanic-- that seemingly invincible craft that now has become an apt analogy for the once seemingly invincible United States of America.
All Yellen has done is tell the Senate in her confirmation is that she sees absolutely nothing wrong with continuing the Quantitative Easing policy of her predecessor, Ben Bernanke. She will continue it until she sees no more indications of financial trouble. So she's not likely to taper the Fed's $85 billion in month-to-month bond purchases any time quickly.
Yellen understands that "QE" is among the few props still holding up the highly unstable worldwide economic situation and keeping it, for now, from falling into the void of chaos and confusion as it did 5 years back. Just as Obama has his fixed ideas that he has no real intention of slackening in his massive push to take over Americans' health care despite all the troubles he has actually triggered with his initial lies on this national project, reneging on his promise to allow people to keep their plan and keep their physician under Obamacare.
Americans may be stupid-- but they aren't stupid. They see all of this and it creates one huge hesitation in their minds and hearts about the nation's economic future, and their own financial future. That's why consumers aren't spending the way the pundits believe they should be with Obama in charge, and why business owners aren't hiring the jobless the way the sages believe they should be, and why members of the Millennial generation aren't buying anything but cell-phone apps the way everyone else believes they should be. The smart ones see their future-- and it looks dim.
But there are a few things that ordinary Americans can do to secure themselves to prepare for the next economic calamity, one that political leaders are just biding time on in the hopes that the threat will simply disappear. Americans can transfer their family financial assets to real cash, The Lord's Money: gold and silver financial instrument that have actually held up throughout history. Precious metals are the only financial means guaranteed to stand whatever financial and spiritual tests loom for this generation of Americans.
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Learn more about precious metal investing. Stop by Anne Trimble's site where you can find out all about gold and silver and what it can do for you.
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