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Fed's Fischer on the wires this weekend, seemingly disagreeing with your point of view. ---- With Bernanke gone, the remaining Fed members knowing full well they will be crucified, metaphorically of course (if not literally) when it all inevitably comes crashing down, are finally at liberty with their words... and the truth is bleeding out courtesy of the president of the Dallas Fed, via Bloomberg. FISHER SAYS QE WAS A MASSIVE GIFT INTENDED TO BOOST WEALTH Which incidentally coincides with Bernanke's heartfelt "admission" that "my natural inclinations, even if it werenât for the legal mandate, would be to try to help the average person." As long as helped to boost the wealth of the non-average billionaire., all is forgiven. "The result was there are still many people after the crisis who still feel that it was unfair that some companies got helped and small banks and small business and average families didnât get direct help,â Bernanke said. âItâs a hard perception to break." The truth, as again revealed by Fisher, will not help with breaking that perception. We wonder how President Obama, that crusader for fairness, equality and all time Russell 200,000 highs, will feel about that? In the meantime, just like the Herp, QE is the gift that keeps on giving.. and giving... and giving... to the 0.001%. More from ZH:.... http://www.zerohedge.com/news/2014-...ft-intended-boost-wealth-fed-president-admits
Uh-oh. Flemish daily newspaper runs cartoon of Obamas. http://www.deredactie.be/polopoly_f...g_gen/derivatives/landscape670/3292140977.jpg
Another way to look at it... Odumbo wants the well-to-do to make a lot of money so that they pay a lot in taxes so that there is money to give to the parasite class in exchange for their vote. ??
Report: Obama Most Expensive President in History Can we get a refund? According to a recent report, President Obama has become the most well-travelled and most expensive president in history after his first five years in office. Despite domestic policy dominating his agenda, President Obama has travelled abroad more than any other president in history at this point in his presidency. Barack Obama is costing the taxpayers a pretty penny with Air Force One costing taxpayers around $228,288 per hour of travel... http://www.tpnn.com/2014/03/24/report-obama-most-expensive-president-in-history/