For a 61 year old contributing to the support of a mother with Alzheimers, whose savings have been wiped out earlier than expected by ZIRP Bernankecide, the piece below from the WSJ hit home. What the article does not mention, not once, is the role that ZIRP Bernakecide plays in this unfolding catastrophe. The WSJ…
Tag Archive for Economic Disaster
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What The Fed Fears
by Bears Chat at The Wall Street Examiner • • 0 Comments
SCOTT SUMNER and TIM DUY offer responses to yesterday’s post on monetary policy and the fiscal cliff that are worth a read. To summarise very briefly, Mr Sumner asks why the Fed wouldn’t be happy to fully accommodate a plunge over the fiscal cliff give…
Bears Chat, Best of the Forums
Herbert Obama
by a Wall Street Examiner • • 0 Comments
This has all happened before.
This will all happen again.
From the “Had Enough Therapy Blog” (comparing Hoover’s words with Obama’s words):
“Obama’s State of the Union:
“Two years after the worst recession most of us have ever known, the stock…
