"Bureaucracy, the rule of no one, has become the modern form of despotism." ~ Mary McCarthy
The Fed Wants you to Beg for QE3
Submitted by Michael Dunn on Wed, 2011-10-05 00:00
"If we demand stimulus measures out of fear just to slow the Dow hemorrhaging, then the Fed is able to deflect most of the blame when such measures eventually go awry. The American people become the cause of dollar destruction, instead of the Fed, and this blame will permeate into international opinions and world views. Make no mistake, QE3 is the end of the line, and it will be announced, or at least quietly enacted. "
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