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A $600 Billion Risk
Posted by Randy | November 08, 2010
Last week, the Federal Reserve announced that it would print $600 billion in new currency to rev up a "disappointingly slow" economic recovery.

Unfortunately, printing $600 billion will not lead us to economic recovery. Printing $600 billion does not make Americans $600 billon richer. Quite the opposite, it devalues American's savings and does nothing to create jobs for Americans. We cannot engineer economic recovery - we need to empower small businesses, not the government, to lead us to economic recovery.

You can read more about the Federal Reserve's actions here and then share your thoughts on this action in the comments section below.
Comments
The opinions expressed below are those of their respective authors and do not necessarily represent those of this office.
  • Kelly Hockema commented on 11/9/2010
    Where have the republicans been? I have told everyone I associate with, one more time then Baehnor, McConnell and all the rest must go. The media you use is not printing your thoughts. It has been 19 long years since the "spotted owl" was phonely listed as endangered out in the west, but yet not one nursery or aviary was built to save it. Clear-cutting increased 3 fold on private land the very next day and Weyerhauser lobbyists laughed all the way back to Canada and Federal Way. In the mean time Mr. Hatfields Owl guarantee bill has paid off school teachers and county road departments for 2 decades now and all the little family owned sawmills, loggers, road builders and truckers are broke and out of work or have downsized to nothing while you pay farmers and commercial fishermen subsidies when they have government entervention. The Washington DC K street folks have polluted your thoughts and you will only have one more election cycle before you all come home by way of the tea party vote, we have lost the usa and it is sad. Have you no pride?
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