Thursday, September 19, 2013

"Uncle" Ben and His Merry Band of Idiots

So there was a meeting of the FOMC.........
..."to “direct (the) market”  –  FOMC projections got out of control and now believe the market will go up. The whole financial market is now “government controlled” – Price discovery has been reduced close to ZERO – as even the term-premium (expected rate expectations) is ignored and considered invalid by Fed and its merry men.

Bottom Line: this man doesn't know what he's doing.
He and the government are continuing to rob your
purchasing power by almost 1 trillion dollars a year.

How long are you all willing to put up with this. It is just another turd in a pile of current Federal crap.

Who put this bunch of incompetents there anyway. It sure wasn't me. If it was you, I hope you're satisfied with your Presidential, economic, and foreign policy results. Thanks but don't do me any more favors.