GBTV - Where the Truth Lives

Election Season 2014

And it has brought us to this trainwreck called ObamaCare and we have bankrupted our kids and grandkids!

We are now headed into the 2014 Election Season and common sense and conservatism are on the rise. Please stand-up and be counted!

Reading Collusion: How the Media Stole the 2012 Election is a great place to start!

The Founding Father's Real Reason for the Second Amendment

And remember the words of Thomas Jefferson "The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government." See Video of Suzanna Gratia-Hupp’s Congressional Testimony: What the Second Amendment is REALLY For, below (u-tube HERE).

The Leaders Are Here... Palin, Cruz, Lee, Paul, Chaffetz....

T'S A WONDERFUL LIFE

Can You Really Still Believe That None of These People Would Have Done a Better Job???

Bloggers' Rights at EFF

SIGN THE PETITION TODAY...

Saturday, March 21, 2009

$2 Trillion Argument - Glenn Beck Find's the Pro's and Con's From the Experts

On Thursday the Feds bought up $1.15 Trillion in Securities... They bet the farm without asking "You"

March 20, 2009 - 12:29 ET

Is the fed's 'bet the house' strategy going to be effective? If not, what happens? Glenn talked about this on TV last night and because it's such a confusing issue, he wanted to present the best arguments on both sides of the issue. Here they are:


PRO Government “Bet the House” Spending Plan arguments

  • ‘Rambo Fed’ Will Buy Treasuries to Combat Crisis
    By committing to buy Treasuries and double his purchases of mortgage debt, Federal Reserve Chairman Ben S. Bernanke signaled his determination to avoid a repeat of the Great Depression and his willingness to pump as much cash into the economy as needed to end the current crisis.
  • Fed launches bold $1.2T effort to revive economy
    With the country sinking deeper into recession, the Federal Reserve launched a bold $1.2 trillion effort Wednesday to lower rates on mortgages and other consumer debt, spur spending and revive the economy.
  • Fed in Bond-Buying Binge to Spur Growth
    Dramatic Plan to Purchase $300 Billion in Treasurys Causes Biggest Drop in Interest Rates Since '87; Perils of Printing Money

CON Government “Bet the House” Spending Plan arguments

  • The Fed End Game
    People are rightly outraged about the AIG bonuses but the amounts involved in that are tiny compared to the size of our problems.
  • Dollar Rally Crumbles as Fed Ramps Up Printing Press
    The rally that pushed the dollar to the highest levels since 2006 is in danger of crumbling as the Federal Reserve starts buying Treasuries and ramps up its purchases of mortgage debt, adding to a flood of greenbacks.
  • The Fed's Futile Move
    In an effort to promote liquidity and boost the economy, the Federal Reserve announced plans to grow the money supply by another 50 percent to 60 percent.

Source:  GlennBeck.com

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