{"id":12320,"date":"2012-09-13T18:43:01","date_gmt":"2012-09-13T23:43:01","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=12320"},"modified":"2012-09-13T18:47:12","modified_gmt":"2012-09-13T23:47:12","slug":"fed-undertakes-qe3-with-40-billion-mbs-purchases-per-month","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2012\/09\/13\/fed-undertakes-qe3-with-40-billion-mbs-purchases-per-month\/","title":{"rendered":"Fed Undertakes QE3 With $40 Billion MBS Purchases Per Month"},"content":{"rendered":"<p><em>Bloomberg <\/em>has produced the story <a title=\"Bloomberg article\" href=\"http:\/\/www.sfgate.com\/business\/bloomberg\/article\/Fed-Undertakes-QE3-With-40-Billion-MBS-Purchases-3863413.php\" target=\"_blank\"><strong>Fed Undertakes QE3 With $40 Billion MBS Purchases Per Month<\/strong><\/a>.<\/p>\n<p>I found Mitt Romney&#8217;s reaction to this hysterically funny.<\/p>\n<blockquote><p>Republican presidential candidate Mitt Romney has said he wouldn\u2019t reappoint Bernanke when his term ends in January 2014. Lanhee Chen, Romney\u2019s policy director, said the announcement of QE3 is \u201cfurther confirmation that President Obama\u2019s policies have not worked.\u201d<\/p>\n<p>\u201cWe should be creating wealth, not printing dollars,\u201d Chen said in a statement.<\/p><\/blockquote>\n<p>Looking at my own investment portfolio and multiplying by how much larger than mine is\u00a0 Mitt Romney&#8217;s portfolio, if Mitt Romney is no better an investor than I am, he made $3,500,000 today.\u00a0 I guess with Romney&#8217;s net worth of $250 million,\u00a0 making $3.5 million a day isn&#8217;t considered real wealth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg has produced the story Fed Undertakes QE3 With $40 Billion MBS Purchases Per Month. I found Mitt Romney&#8217;s reaction to this hysterically funny. Republican presidential candidate Mitt Romney has said he wouldn\u2019t reappoint Bernanke when his term ends in January 2014. Lanhee Chen, Romney\u2019s policy director, said the announcement of QE3 is \u201cfurther confirmation [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-12320","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/12320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=12320"}],"version-history":[{"count":3,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/12320\/revisions"}],"predecessor-version":[{"id":12323,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/12320\/revisions\/12323"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=12320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=12320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=12320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}