Former Head of QE Program: QE is a Backdoor Wall Street Bailout

[Iceman]

By ANDREW HUSZAR
Nov. 11, 2013 7:00 p.m. ET

I can only say: I'm sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the Fed's first plunge into the bond-buying experiment known as quantitative easing. The central bank continues to spin QE as a tool for helping Main Street. But I've come to recognize the program for what it really is: the greatest backdoor Wall Street bailout of all time.

Read Here: Andrew Huszar: Confessions of a Quantitative Easer - WSJ.com

 

[Iceman]

Good on this man, we need more the the government to come out and admit it's crimes.

 

[TheOldSchool]

Good thing America was around long before and will be around long after you're gone

 

[Iceman]

Good thing America was around long before and will be around long after you're gone

You mad bro?

 

[TheOldSchool]

Good thing America was around long before and will be around long after you're gone

You mad bro?

I'm not your bro guy

 

[Iceman]

Good thing America was around long before and will be around long after you're gone

You mad bro?

I'm not your bro guy

You're no fun. The avatar would say otherwise.

 

[TheOldSchool]

You mad bro?

I'm not your bro guy

You're no fun. The avatar would say otherwise.

You missed out on my Canada joke

 

[Iceman]

Good thing America was around long before and will be around long after you're gone

You mad bro?

I'm not your bro guy

So what's your opinion on the backdoor wall street bailout?

 

[Iceman]

I'm not your bro guy

You're no fun. The avatar would say otherwise.

You missed out on my Canada joke

Isn't that redundant?

 

[velvtacheeze]

Where's the inflation that QE2 was sure to create?

You know where? In the imaginations of conservatives, that's where.

Right next to all the Iraqi WMD, and Canadians who come to America to get medical care, and other things that conservatives think exist in great numbers, but really don't.