The real reason is the Feds need Obama's new Health care reform. There is nothing they care if people can benefit from it or not. They just want it to frame a target in their case with which they have created OKC bombing, 911 attack to get the Patriot Act.
You can see it from the surprise turn around of the Chief Justice Roberts.
726. The surprise turnaround of Chief Justice (7/4/2012)
On 6/28, Supreme Court issued a pass for Obama's Health care policy. What surprised people was Chief Justice Roberts sided with four liberal justices in voting 5-4 to declare the law's "individual mandate" constitutional.
Why did John Roberts, a Bush appointee who generally votes with his conservative colleagues, suddenly change his opinion to vote with the liberal? Just three months ago, he still opposed that "individual mandate" law.
There are different theories about this mysterious turnaround. Mostly were from disinformation office of the Feds to cover up their puppet Roberts. None could solve the puzzle. I know why - the Feds want that "individual mandate" provision. When the Feds want to put Kat Sung under surveillance, they forced the law makers passing through the Patriot Act. (Through OKC bombing and 911 bombing) When the Feds want to restrict Kat Sung in US, they activate the TSA search, (blocking leaving from air flight) blocking the entering of Canada and Mexico; (by "Operation Fast and Furious") see "697. TSA search, Canada and Mexico (12/11/2011)". Now when they want Kat Sung to have a health insurance, they activate their proxy- John Roberts.Chief Justice Roberts: Can government require you to buy a cell phone?
Mar. 27, 2012 - Chief Justice Roberts asks the Solicitor General Verrilli if the government can require the purchase of cell phones for emergency services, just as the health-care law requires for health insurance.(The Washington Post)
Chief Justice Roberts: Can government require you to buy a cell phone? (0:42) - The Washington Post
Six years ago when Roberts was selected as Chief Justice, I have written already,
"344. Roberts, a secret agent of D.O.J. (9/18/05)"
The dark side of the USA in Public Forum Forum
This case proves I was very, very accurate at that judgement.
I'll talk about why the Feds want that "individual mandate" provision.
You know why? Because they have a mission to push up Obama and suppress Romney.CNN story shows economists favor Romney -- but headline stresses they do so 'reluctantly'
Published October 02, 2012
Even the good news for Mitt Romney come wrapped in a bad news ribbon.
A recent CNNMoney story reported that the Republican presidential nominee, despite trailing in a number of swing state polls, is the overwhelming choice among economists surveyed. They picked him, according to CNNMoney, by a 3-to-1 margin. However, CNNMoney made sure to stress in the headline that they did so "reluctantly."
Read more: CNN story shows economists favor Romney -- but headline stresses they do so 'reluctantly' | Fox News
742. Help Obama to win the second term (10/24/2012)
The recent Gallup poll shows that Mitt Romney leads over President Barack Obama in president Campaign. That’s just a gimmick to cheat people. The election result is pre-decided. Obama will stay for his second term. It doesn’t relate to any politics. It is for a case of the Feds. They need Obama’s Health Reform that they forced Chief Justice Roberts to change his mind in June to pass the “Health Reform”. (see “ 726. The surprise turnaround of Chief Justice (7/4/2012)”)
To keep Obama to stay in his seat, they have to create an economic background that favors him. Two months before voting date, in early September, we saw European bank chief Draghi said the bank would buy the bond with no limit. How could this affect US president election?
Within days, Federal Reserve Chief Bernanke pushed out another QE which would push up economy temporarily but hurt it in long term with inflation. The Republicans felt it immediately. The timing of issuing QE3 is not a coincidence. It helps Obama.Draghi helps out Obama campaign
By Robin Harding in Washington September 6, 2012
Barack Obama’s chances of re-election as US president rose on Thursday and the words that did it were not his but Mario Draghi’s.
Long before Mr Obama stood up to accept the Democratic nomination in Charlotte, North Carolina, the head of the European Central Bank had sketched out a new plan to buy the bonds of troubled eurozone countries.
That will not move the polls; it will not move a single vote. But Mr Draghi has lowered the gravest of risks to Mr Obama: a pre-election meltdown in the eurozone that would have blown up banks, pulverised Wall Street, and routed a fragile US economy back into recession.
If that happened, it would not be Mr Obama’s fault, but he would get the blame. Just as the failure of Lehman Brothers doomed his rival John McCain in 2008, a eurozone implosion would create economic odds too great for Mr Obama to surmount.
Draghi helps out Obama campaign - FT.com
QE3 will create another housing bubble.Fed risks political fallout from QE3
By Robin Harding and James Politi in Washington September 14, 2012
Mitt Romney, the Republican candidate, duly opened fire on Friday after the Fed began an open-ended third round of quantitative easing (QE3), under which it will buy $40bn of mortgage-backed securities a month.
Fed risks political fallout from QE3 - FT.com
Faber sees the Fed's monetary policies over the last 15 years as mainly responsible for the various asset bubbles (Nasdaq, real estate etc...), the Nasdaq bubble is the dot.com bubble, I talked about these two bubbles from #733 to #739. And the Federal Reserve now continues to create the third one. At the purpose to help the Feds to remove the hot potatoes in their hands to the ordinary people.Marc Faber: Fed's QE forever is ludicrous; no country has become rich from consumption
Source: BI-ME , Author: Constantine Gardner Fri September 14, 2012
"Asset prices will go up and the money will flow to the Mayfair Economy," he said, defining the latter as an "economy of the rich people whose assets prices go up and whose net worth increases" without any trickle down benefit to the real economy.
What you have is a small economy that is booming and the majority of the economy is being damaged by QE, Faber explains.
Faber sees the Fed's monetary policies over the last 15 years as mainly responsible for the various asset bubbles (Nasdaq, real estate etc...) leading to the subprime crisis in 2007. "The money printers and the neo-Keynesians interventionists are responsible for the crisis, reckons Faber, and people should know this."
Dr Bernanke's attempt to boost growth and reduce unemployment will end up, according to Dr. Faber, in a fiscal Grand Canyon with never ending deficits, the majority of the economy being damaged, the man in the street facing higher prices and losing his job.
Marc Faber: Fed's QE forever is ludicrous; no country has become rich from consumption - Business Intelligence Middle East - bi-me.com - News, analysis, reports
A man who flip-flops the way Romney does is one reason may people hate the guy. Such flip floppers are NEVER to be trusted. And since he has prostituted himself with the extremist right wing of the Republican Party, does not at help him!
But folks, the economy is improving! It would be an extreme irony if Romney gets elected and with the economy improving. Of course he will take credit for it when it was really Obama's policies that started it all.
Remember, it was that Republican GW Bush who created the mess that Obama has been struggling to fix with no help from the obstructionist Republicans who want to get rid of Obama at all costs.
It seems like people don't know very much about economics, or they don't care. Obama is going into this election with a huge media edge. It looks bleak. I guess it's possible that the economy could improve in spite of the democrats policies and laws but it would certainly be a better economy with Romney.
Tell me, what's the left's equivalent to:
1) Foxnews channel
2) Rush Limbaugh
3) Sean Hannity
4) Political talk radio in general
5) Rupert Murdoch owned media outlets....
The media is in business to make money, not as a political tool of one party or the other.
Because its easier to vote for a hand ou than a chance to work hard.
Romney looks like exactly who he is; the SOB who bought out businesses and which led to thousands of peeps losing their jobs and all the money is at Bain Capital, who is trying to help Romney win by all of a sudden, matching funds with the Red Cross for Sandy victims, as if to erase all the misery that Romney and Bain capital brought to these United States.
I do not agree with what you have to say, but I'll defend to the death your right to say it. Voltaire
When you make your peace with authority, you become an authority.- Jim Morrison