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Corporations and wealthy people control Congress. As long as Bernanke keeps printing fiat money to drive the stock market high, the rich people are very happy and satisfied.
AS he continues to print money at a pace of $85 billion per month, the rally will continue, the rich will get richer, and the economy will appe...more
Ben Bernanke is competing with Alan Greenspan for the "most clueless" contest.
We will never have an actual recovery on main street, until we get the fed "out of the way" and let market conditions dictate interest rates and the economy.
When people earn a reasonable rate of interest on their CD's, then and only the...more
It is so clear month after month that big daddy Bernanke's strategy is not working.
There will be no recover until rates are set to reflect market conditions, so that savers can earn a reasonable rate of return on their CD's.
Oh by the way, Bernanke isn't keeping rates low in hopes of lowering unemployment. He i...more
The economy and stock market is like a puppet show without the curtain….everybody can clearly see the puppeteer (big daddy Bernanke) and the strings. But the whole audience is saying "wow, isn't this economy spectactular, we are pulling out of recession, we are moving forward", as they either refuse to see the puppete...more
The government revised its estimate for fourth-quarter U.S. economic growth up to 0.4% from 0.1%
Why would anybody cheer with such anemic growth, especially when big daddy Bernanke has been pouring trillions of dollars of fuel into the economy.
Shouldn't it be clear by now, that his risky and ridiculous policies ...more
the market is up 80 points today because Ben Bernanke is still pandering to his wall street and banker friends. Forget out earning interest on cd's, or the little guy....no, let's hellp the crooked wall street and banksters. Instead of serving jail sentences, they are out on their yachts.
See how the stock market keeps going higher and higher....despite a lukewarm economy and massive deficits and high unemployment. Get used to it, because prices of EVERYTHING will begin to go up on a daily basis......every time you look at the new price of something, it will be higher than the last time. Thank Ben Be...more
Many articles state that the market is hitting new highs, and that there is PLENTY of money on the sidelines. That is THE problem. There is ALREADY enough liquidity to fund all the investments needed to get this economy going full steam ahead.
We already have a deep ocean of liquidity, we never needed to be flooded...more
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