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A Historic Debate Failure

USGrant1863 Wrote: Oct 06, 2012 8:42 AM
The quantitative easing or devaluation of the dollar inflates the nominal value of assets. It takes more dollars to buy the same asset. The rise in the stock market is an artificial consequence of QE and not necessarily a good sign. The same effect is seen in the price of imported commodities, e.g., oil. In fact, you highlight why QE yields a rising stock market while simultaneously killing jobs. QE pumps up the value of assets, so long as you keep inflating. It won't end well.

By the time of Thursday night's debate between Vice President Biden and Congressman Ryan, the polls will reflect the early consequences of President Obama's disastrous debate performance from Wednesday night.

Mitt Romney had a superb night and the contrast between his calm and in-command performance and that of a flailing, rambling president could not have been sharper, and indeed it could not have been more disorienting for the Chicago Gang running the president's re-election campaign.

The day after the president's face-plant in front of 67 million viewers, the geniuses behind the nation's dismal economy instructed the president to go ugly,...