reggie middleton weighs in on yesterdays Fed action

bronco2078

One of my favorite guys , reggie middleton , posted his thoughts on the new QE

zerohedge

pragmaticgoat

Thanks for the link, I'll be adding Middleton to my roster.

NumbersUsacom

This from Middleton: "last but not least, Obama - there was no way in hell anyone, regardless of who it was other than the almighty God/Buddha/Allah [fill in the blank] himself could have extricated the country from the mess that Bush contributed to."

Middleton;Just another Obamanation apologist. What a fraud, promotes himself as a tuff, fiscally responsible entrepreneur then excuses every foul, deplorable and wrong headed fiscal turn that his messiah has done to destroy this country.

He talks about froth, I see it all around his mouth.

jmski52

I'm not convinced that he's an apologist for anyone. I do think that he's a very good financial analyst in the classical sense, and I find most of his commentary to be clearly founded.

Julio

I am going to assume you do not like the President. Take care. jws

ricko

Without defending Reggie, or subscribing to many of his other rantings, I will say that I fail to see how buying up these mortgages can in any way stimulate employment. I have tried about six scenarios and none make sense. I believe it is just another bank bailout.
Cheers, RickO

DrBuster

<< <i>Without defending Reggie, or subscribing to many of his other rantings, I will say that I fail to see how buying up these mortgages can in any way stimulate employment. I have tried about six scenarios and none make sense. I believe it is just another bank bailout.
Cheers, RickO >>



Yup, and just putting the serfs property under more gov control whle doing so.