In response to:

Bond Vigilantes Are Punks

Gerald246 Wrote: Sep 16, 2012 6:33 AM
i heard yesterday that a company was putting its ppl to get bonds. I dont know much about bonds but i didnt think it sounded like my first chose
Watching Ben Bernanke on 60 Minutes and other interviews including his question & answer session on key Fed decision days, I got the impression his top goal was one I'd seen a lot growing up in New York - I ain't no punk!

Of course, on the streets of New York or in the corridors of the Federal Reserve it takes more than tough talk and swagger, occasionally you have to show and prove.

Yesterday, Ben Bernanke came ready to prove and he did, with an economic version of the vigilante. The Fed is opening the spigots and saying they'll turn them...