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do you think the FED will do QE3 sometime this year?
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<p>[QUOTE="fatima, post: 1413982, member: 22143"]Your argument still fails. </p><p><br /></p><p>In 1896 the Supreme Court ruled in the case of Plessy v. Ferguson that state sponsored racial segregation was legal. i.e. "Separate but Equal" was fine in the eyes of the law and the Constitution. In 1954, the Supreme Court overturned this ruling by declaring that "Separate but Equal" was not legal in the famous case Brown vs The Board of Education. Just because a state created segregated schools in the 1890s which was upheld in the court then doesn't mean it can't do so now. </p><p><br /></p><p>So your reasoning fails because, as I originally said, you claim that just because FDR did it in 1933 and it was upheld in court then, that it would be possible now. This is a logical fallicy because it simply ignores, subsequent precedent, changes to society and economics.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1413982, member: 22143"]Your argument still fails. In 1896 the Supreme Court ruled in the case of Plessy v. Ferguson that state sponsored racial segregation was legal. i.e. "Separate but Equal" was fine in the eyes of the law and the Constitution. In 1954, the Supreme Court overturned this ruling by declaring that "Separate but Equal" was not legal in the famous case Brown vs The Board of Education. Just because a state created segregated schools in the 1890s which was upheld in the court then doesn't mean it can't do so now. So your reasoning fails because, as I originally said, you claim that just because FDR did it in 1933 and it was upheld in court then, that it would be possible now. This is a logical fallicy because it simply ignores, subsequent precedent, changes to society and economics.[/QUOTE]
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do you think the FED will do QE3 sometime this year?
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