Fed Is Prepared to Take Further Action on Economy: Bernanke

The Federal Reserve is prepared to take further steps to help a fragile economic recovery held back by a weak job market and financial stresses in Europe, Fed Chairman Ben Bernanke said Tuesday.



http://www.cnbc.com/id/44771119

 

WALL STREET WILL HAVE TO GIVE IT BACK IF HE DOES. THEIR POCKETS ARE FULL.

 

There is nothing the Fed CAN do... "financial engineering", printing money, etc is just more PCJ.

America needs a strong wave of REAL economic growth and increasing employment. Not possible in our current political, tax, regulatory environment. (And even when/if Odumbo gets deposed, highly unlikely to change... regardless of who takes his place.)

We need a FUNDAMENTAL change... one such change will be when the Boomers die out... 30-40 years from now. Can everybody wait that long?

 

Yawwn....more of the same old Cool Aid from the FED.

Ok, so, what are they going to do?


Nothing~!


There is a revolution that is brewing to get rid of the FED and to return "Printing money" powers back to CONGRESS LIKE THE CONSTITUTION SAYS.