QE3

So what exactly is quantitative easing 3? (QE3) In layman's terms it is printing and distributing money right before the election to fool the American people.

“Historically, stocks have initially risen when the Fed has announced these programs only for the rally to run out of steam down the track.

Some economists believe the benefit to the economy will be modest this time, but fund managers are hopeful there will be a recovery in the housing market.

“QE3 is certainly a positive for markets in the short term [about the first week in November, I’m guessing ]” Financial Review (Australia)

Do you really want a president who will mortgage your grandchildren’s future for his election?