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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (115555)	6/21/2012 1:25:53 PM
From: RetiredNow	Read Replies (1) \| Respond to of 149317

Whatever. Looks like the market was propped up on the expectation of more crack...ahem, I mean QE...and instead they got more Operation Twist. Now the markets are deflating. So predictable. There has been no recovery except for the 1% and the only thing propping up the stock market has been the Fed actions. Until the Fed gets out of the way and the bad debt clears the system, we'll continue to get these same awful economic and stock market results. Wishing it to be any other way is just fantasy. Oh and I just noted too that Operation Twist Partie Deux had a half-life of about 1 day. Not much of a rally on that news and down big today. What trash. The Fed's actions have lost all benefit to the stock market and they never had any long term benefit for the economy. The failure of Fed Chairman Bernanke and Keynesianism in general is obvious for all with eyes to see. Time for something different. I recommend Capitalism.