Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Nuclear Unicorn

(19,497 posts)

12. "the Feds QE is a way to compensate for the loss of money the rich and corporations are hoarding"

Reply to ErikJ (Reply #7)

Sat Nov 23, 2013, 07:15 PM

Nov 2013

No, because the QE is only making money for the financial sector, i.e. the already rich. None of that money is producing jobs or helping the middle class.

Edit history

Please sign in to view edit histories.

20 replies

= new reply since forum marked as read

Highlight:

Plouffe Tweet: Dow Jones 16000+ Nov 18 2013. That terrible socialist, @Barack Obama [View all] ErikJ Nov 2013 OP

So a lot of people are making a lot of money trading pieces of paper Nuclear Unicorn Nov 2013 #1

To make up for the trillions offshored by the rich. ErikJ Nov 2013 #7

"the Feds QE is a way to compensate for the loss of money the rich and corporations are hoarding" Nuclear Unicorn Nov 2013 #12

Money out requires money in to keep economy going. ErikJ Nov 2013 #13

It's fake money. There's no underlying economic activity to the money the Fed is manufacturing Nuclear Unicorn Nov 2013 #15

Hoarded Wealth is concentrating at the top also ErikJ Nov 2013 #16

I like to mention the Dow when my RW co-workers talk about how terrible the president is bhikkhu Nov 2013 #2

It IS irrelevant, to a majority of American workers. I don't know anyone who cares about the sabrina 1 Nov 2013 #3

You clearly dont understand the war going on. ErikJ Nov 2013 #5

Oh please, who cares what they say? The way to respond to that is to AGREE with them. sabrina 1 Nov 2013 #8

I wish Obama was a lot more socialist-but they go beyond just socialist ErikJ Nov 2013 #11

Let me ask you again. Why does anyone care what the most extreme, lunatic fringe in the sabrina 1 Nov 2013 #14

Because with the huge RW media echo-chamber, ignorance and hate are spreading ErikJ Nov 2013 #17

I spent several years on Right Wing sites trying to get through to them. And then I realized sabrina 1 Nov 2013 #18

Plouffe was just trying to point out the irony of their ignorance ErikJ Nov 2013 #19

It is very relevant to jobs, which is a pretty important area bhikkhu Nov 2013 #20

Or how gas is now below $3/gal in lots of the US ErikJ Nov 2013 #4

Stock tip for the day "Graphene" Politicalboi Nov 2013 #6

Great news! So the big banks don't need to be subsidized any longer! R. Daneel Olivaw Nov 2013 #9

Of far more interest to me is Tea Baggers' reaction Nevernose Nov 2013 #10