Bernanke’s Monetary Stimulus Helps Only Zombie Banks; Obama’s Stimulus Not Enough; Force Fed to Start Credit Stimulus via Main Street Window to Buy 0% Coupon 100-Year State Infrastructure Bonds

Tarpley.Net
September 14, 2012

Webster G. Tarpley, Ph.D.
PressTV
September 14, 2012

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Federal Reserve leaning toward more stimulus

Yahoo News

August 23, 2012

Policy makers at the US Federal Reserve are leaning toward more stimulus action "fairly soon" unless economic data turns around, minutes from their meeting three weeks ago showed Wednesday.

The minutes revealed most members of the Federal Open Market Committee were concerned about slowing growth and the vulnerability of the economy to external threats, particularly economic instability in Europe.

"Many members judged that additional monetary accommodation would likely be warranted fairly soon unless incoming information pointed to a substantial and sustainable strengthening in the pace of the economic recovery," the record of the July 31-August 1 FOMC meeting said.

"A number of members noted that if the recent modest rate of economic growth were to persist, the economy would be less able to weather a material adverse shock without slipping back into recession," it added.

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Bloomberg Poll: Obama Approval Plummets Among Americans Skeptical of Jobs Plan

MoneyNews.com
September 14, 2011

A majority of Americans don’t believe President Barack Obama’s $447 billion jobs plan will help lower the unemployment rate, skepticism he must overcome as he presses Congress for action and positions himself for re- election.

The downbeat assessment of the American Jobs Act reflects a growing and broad sense of dissatisfaction with the president. Americans disapprove of his handling of the economy by 62 percent to 33 percent, a Bloomberg National Poll conducted Sept. 9-12 shows. The disapproval number represents a nine point increase from six months ago.

The president’s job approval rating also stands at the lowest of his presidency — 45 percent. That rating is driven down in part by a majority of independents, 53 percent, who disapprove of his performance.
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