In response to:

QE Appears to Work Until It's Obvious it Never Did

Dr_Zinj Wrote: Apr 11, 2012 7:54 AM
Fact: Energy costs have inflated 25% in the past year. Fact: Costs for food and goods are inflating. Fact: Pay for all poor and middle class are not keeping up with inflation. Fact: Most workers are afraid to ask for a raise for fear that they'll be the next ones on the chopping block. Fact: At this date, it's not the fault of the Bush or previous administrations, it's ALL Obama's fault.
Conservative abroad Wrote: Apr 13, 2012 5:45 AM
Fact: We are still bringing in 100,000 LEGAL immigrants a month to compete for those low and middle income wages.
laurence32 Wrote: Apr 11, 2012 11:13 PM
Fact: All those folks on "fixed" incomes spending inflated dollars that are worth less, eat less;
Fact: Those out of work are spending, or spent, their savings and future prospects look grim.
Fact: Government continues to tax business (and WTP) destroying a once producing/selling nation.
Fact: The government/FED socialists weaking the U.S. to drive it into one world government and one world currency, perhaps called the "bancor"as suggested by the socialist, J. Maynard Keynes.

Lollipops and Tantrums

The Fed is much like a rotten mother who throws her spoiled brat a lollipop as a reward for a temper tantrum says John Hussman in yet another excellent missive: Is the Fed Promoting Recovery or Desperation?

On Friday, the Department of Labor reported that March non-farm payrolls increased by 120,000, falling well short of consensus expectations in excess of 200,000. For our part, we continue to expect a deterioration in observable economic variables, with weakness that emerges gradually and then accelerates toward mid-year. On the payroll front, our present expectation is that April job creation...

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