Comments on: Counterparties: Is QE3 working? http://blogs.reuters.com/felix-salmon/2012/09/25/counterparties-is-qe3-working/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: UselessEater http://blogs.reuters.com/felix-salmon/2012/09/25/counterparties-is-qe3-working/comment-page-1/#comment-43506 Thu, 27 Sep 2012 21:07:32 +0000 http://blogs.reuters.com/felix-salmon/?p=18183#comment-43506 Regarding Usury people should know why and who

Usury used to be illegal in the United States but it was “decriminalized” in 1980–the dawn of financial deregulation. A Democratic president and Congress repealed all interest-rate controls and the federal law prohibiting usury. Thirty years later, American society is permeated with usurious practices–credit cards charging 30 percent and higher, subprime mortgages and other forms of predatory lending, the notorious “payday” loans that charge desperate working people an effective interest rate of 500 percent or more. Businesses, especially smaller firms, are also prey to usury in less direct ways.

http://www.thenation.com/article/trouble -democrats?page=full#

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By: RueTheDay http://blogs.reuters.com/felix-salmon/2012/09/25/counterparties-is-qe3-working/comment-page-1/#comment-43455 Wed, 26 Sep 2012 00:15:31 +0000 http://blogs.reuters.com/felix-salmon/?p=18183#comment-43455 I am getting so sick of reading tripe like:

“Business leaders who have talked to me continue to cite uncertainty about fiscal decisions — here and abroad — as the greatest hindrance to hiring and investment”

Business leaders worry about demand for their products and, to a lesser extent, their costs of producing those products. They do not worry about the size of the budget deficit or, even more ridiculously, uncertainty over its future size. They might, however, start worrying that the president of the Philly Fed believes this nonsense.

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By: TFF http://blogs.reuters.com/felix-salmon/2012/09/25/counterparties-is-qe3-working/comment-page-1/#comment-43452 Tue, 25 Sep 2012 22:53:57 +0000 http://blogs.reuters.com/felix-salmon/?p=18183#comment-43452 Wow… What happened to that vaunted European safety net?

http://www.nytimes.com/2012/09/25/world/ europe/hunger-on-the-rise-in-spain.html

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