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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Ilaine who wrote (78588)8/27/2011 5:02:43 AM
From: elmatador  Respond to of 219927
 
Bernanke fully engaged in 2012 political campaign as he: "This year he wanted to leave no doubt that the politicians could and should do more."
...
"he chose to use this speech to give Washington a lecture on fiscal policy, arguing that while America urgently needed a credible plan to reduce long-term deficits, it shouldn’t overdo the short-term tightening."
...“Don’t rely on us alone” may be an accurate and important message to send, but given Washington’s recent record on fiscal negotiations, it is hardly a comforting one.
economist.com

He left to Washington to do their part since FED already did its own with previous QE's