Comments on: The second draft: The Enormous Implications to the 99 Percent of the $26 trillion in Federal Reserve Loans. How Much Did Obama Know About the $26 Trillion the Federal Reserve Handed Out? http://johnhively.wordpress.com/2012/01/16/a-draft-how-much-did-obama-know-about-the-26-trillion-the-federal-reserve-handed-out/ By The World's Most Accurate Economic Forecaster Since 1989. Fri, 14 Jun 2013 01:46:25 +0000 hourly 1 http://wordpress.com/ By: Fillmore http://johnhively.wordpress.com/2012/01/16/a-draft-how-much-did-obama-know-about-the-26-trillion-the-federal-reserve-handed-out/#comment-2203 Thu, 16 Feb 2012 23:22:53 +0000 http://johnhively.wordpress.com/?p=1547#comment-2203 “Had to” doesn’t equal “Did.”

And, the notion that ” . . . Democrats held the House of the Representatives . . .” doesn’t take the “Blue Dog Democrats” into account. They pretty much vote with the Republicans on everything economic while tossing the liberal side on other social issues. Specifically they got on board with the anti-Keynsian crowd on the evils of deficit spending even when that’s the only way out of a depression :~(

So, even if Obama saw the wisdom of a Krugman solution and/or cared he never had the votes.

]]> By: ronald http://johnhively.wordpress.com/2012/01/16/a-draft-how-much-did-obama-know-about-the-26-trillion-the-federal-reserve-handed-out/#comment-2000 Tue, 07 Feb 2012 06:48:20 +0000 http://johnhively.wordpress.com/?p=1547#comment-2000 Great article, and explains what I have been asking about for many years, “Don’t they know we won’t be able to buy their products someday?”

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