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Politics : President Barack Obama
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To: John Vosilla who wrote (132226)3/23/2013 4:38:54 PM
From: mel221  Read Replies (1) of 149317
 
Kudlow knows that giving money to the rich is always good policy.

His fears about all the money going to the general population and causing commodity prices to rise just has not happened.

Instead, the money is going into assets, as publicly stated. Foreign wealth, seeking a piece of this action, is moving in the US as well. This momentum play is keeping the dollar somewhat strong and keeping a lid on commodity prices.

Kudlow knows how his bread gets buttered. Obama and Bernanke's policies clearly benefit the banks and rich.

Someday, the momentum play will come to an end... until then, Party on Dude!
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