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« Vacation Reading (58 Stories, July 12) | Main | BUSTED: Bank Of America Admits To SEC That It Repeatedly Lied About Debt And Leverage Levels »

Richmond Fed President Jeffrey Lacker on the $2.25 Trillion QE Monetary Fail

Video:  Dow Jones' Meena Thiruvengadam with Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, on monetary policy, economy -- July 9, 2010

His comments on the relative failure of the Fed's quantitative easing program are surprisingly honest.  Meena, the interviewer enunciates so clearly that I became upset at my screen.








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Reader Comments (11)

"A sloppy recovery", where?
Jul 12, 2010 at 3:36 PM | Unregistered CommenterZ
Don't get upset with her. With a name like Meena Thiruvengadam you learn to enunciate clearly from an early age, just so you can say your name.
Jul 12, 2010 at 7:34 PM | Unregistered Commentergol4
made me laugh...seriously, i'm surprised lacker could keep a straight face with those questions delivered in that manner...it was really, really bizarre...not to mention that she dubbed in one of her questions...somehwere in the middle of clip...you can tell it's a voice-over from a studio...she must not have been happy with the clarity of that portion...
Jul 13, 2010 at 12:51 AM | Registered CommenterDailyBail

this is must read and reality for us all

No election can defeat the Home Grown financial AL QAEDA ( Wall Street Bankers+ Corporate thugs)

Is America A Plague Upon The World?
Dr. Paul Craig Roberts | Global Research
June 3, 2010

@DB as I said "Gandhi Style Civil Revolt" only the solution left
Jul 13, 2010 at 12:19 PM | Unregistered CommenterKen
"@DB as I said "Gandhi Style Civil Revolt" only the solution left"

With all due respect bro, but a 'Gandhi style revolution in AMERICA? HAHAHAHAHhahahaha.

Leave out the FASTING part because Americans are statistically among the most OBESE people in the world, with starting a DIET being option # 3,456 on their checklist of Revolutionary Activities to Initiate This Week. Now if we were talking about EATING in protest, that'd be a different story...

Leave out the AHIMSA part (aka non-violence) because America is statistically among the most VIOLENT countries in the world, as noted on the Global Peace Index. "Y'all can pry my gun away from my cold, dead fingers" (I think that's actually Texas' official state motto!) would seem to suggest that non-violent non-cooperation just simply ain't gonna work par'ner..

Leave out the BOYCOTTING part too because Americans are nothing BUT consumer machines. Plus the NEW iPod is coming out soon with the 'new improved-reception antenna' and they just GOTTA have one of THOSE.

Let's see, what do we have left? Oh yeah. I think the American sheeple can DEFINITELY handle the LOINCLOTH-WEARING and SHAVED HEADS part. They'll be forced to do THAT part anyway once Goldman Sachs has them interned into debtors prisons.

AAAAaahhhh, the sweet aroma of 'change we can believe in".
Jul 16, 2010 at 9:50 PM | Unregistered CommenterRecoverylessRecovery

another Roaring Salute


Israelis Need a Gandhi of Their Own

Mahatma Gandhi and His Myths
Civil Disobedience, Nonviolence, and Satyagraha in the Real World

By Mark Shepard

I Have Found the Next Gandhi
by Andy Birnbaum

Gandhi-style civil disobedience can overturn Obamacare

Mahatma Gandhi: Letters to Americans

Jul 16, 2010 at 10:21 PM | Unregistered CommenterKen
Internet Sensorship is growing too fast

Facebook Deletes Official Alex Jones Page Over Gadsden Flag
Jul 16, 2010 at 10:23 PM | Unregistered CommenterKen
The Obama Deception Number 1 on U.S. Google Trends

Jul 16, 2010 at 10:25 PM | Unregistered CommenterKen
Great Laugh
el burro de jaripeo polo polo
Jul 16, 2010 at 10:39 PM | Unregistered CommenterKen
I had to stop the first video at 1:07, it amazes me how easily and effortlessly these guys lie. I cannot begin to imagine a reality where they do not fully understand the effects their policies have had, continue to have and surely will have in the future if the zombies in this nation don't wake up and put a sudden and permanent end to usury and privately owned central bank cartels, so how can they speak as if they actually believe what they crap out of their mouths at us???
Jan 16, 2012 at 12:35 PM | Unregistered CommenterMorpheus
Well said Morpheus.
Jan 16, 2012 at 1:13 PM | Registered CommenterDailyBail

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