Federal Reserve cuts another $10 billion from stimulus program

[unhappycamper]

http://www.rawstory.com/rs/2014/01/29/federal-reserve-cuts-another-10-billion-from-stimulus-program/

Federal Reserve cuts another $10 billion from stimulus program
By Agence France-Presse
Wednesday, January 29, 2014 16:15 EST

The Federal Reserve stayed the course on tapering its stimulus for the US economy Wednesday, reducing asset purchases by $10 billion for the second month in a row.

Amid emerging-market turmoil blamed in part on its stimulus reduction, the Fed, as expected, cut the monthly bond-buying program to $65 billion beginning February and left its benchmark interest rate near zero, citing “growing underlying strength in the broader economy.”

Wrapping up the final meeting of the Federal Open Market Committee under departing Chairman Ben Bernanke, policy makers noted that despite some mixed economic indicators since their December meeting, overall the US economy was doing better.

Information indicates “that growth in economic activity picked up in recent quarters,” the FOMC said in a statement.

--

One question: For whom is the US economy 'doing better'?

[SamKnause]

1. One Question ?

You know the answer to your one question.

Anyone who has been paying attention knows the answer to your one question.

Anyone who is a political junkie knows the answer to your one question.

Anyone who does their own research knows the answer to your one question.

The truth doesn't sell in the US.

Propaganda is king in the US.

It matters little.

Our voices have been silenced by the Supreme Court decisions.

Our input is no longer needed.

The rich will take care of all that pesky government stuff.

They have done such a "good job" in the private sector.

It seems their goal know is to bankrupt the US government and fully integrate it with global corporations.