Someone needs to explain to the FED that DEAD HORSES DO NOT RUN..... At some point the equity market will start moving higher and keep going, to fantastic levels perhaps, if a serious inflation sets in. The stock markets in the Weimar Republic were spectacular, if one ignored the reality behind the appearance. The Fed and Treasury are obviously trying to reflate the economy by printing money and not changing the fundamentals through systemic reforms. http://www.nakedcapitalism.com/2009/04/guest-post-short-term-set-up-in-us.html ............................................................. It is never easy to start all over.... ............................................................. What is incredible is Government Imposed Fraud.... The recent supposed improvement in the banks earnings was largely due to playing with reporting rules with respect to self valuations.....ie fudging the numbers.... ...................................................... Game over ....time to rebuild.... .................................................... The government has a choice to make.... Make the tax component of all price products the largest component of all prices....thus causing incredible harm to all firms abilities to compete .... Or Downsize the government in a big way....such that the tax component of prices will only represent a small fraction of all prices.... How logical is this ? The FED has one tool left.... Printing money..... Never a solution in the past....never a solution in the future..... ............................................. Geithner/Bernanke are either govt. drone type blithering idiots.....or they are largely controlled by someone else... ...................................................... Who in the hell thinks for a moment that Geithner's drone like blabber is meaningful ?
Libertad said""Downsize the government in a big way....such that the tax component of prices will only represent a small fraction of all prices...."" Our pols are literally too ingorant to understand this concept, and since we can gauge how retarded they are by the bills they keep passing over the years, imagine the plain stupidity of those who keep electing them ?!?!
IanMacquaide Our pols are literally too ignorant to understand this concept, and since we can gauge how retarded they are by the bills they keep passing over the years, imagine the plain stupidity of those who keep electing them ?!?! ................................................ Well said.... "Retarded" is too kind a term.... I am going to have to fault the elected officials firstly, because they were elected CEOs.... If the bus driver wrecks the school bus and kills all the children.... You do not give the driver another bus.... The US just keeps giving the same driver more buses....