Sign petition at change org site to end fed and stop stock market manipulation
Also seek the site: class action Fed (blog) spot to join together to sue the Federal Reserve in making these markets 2X too high based on PE ratios exhibited in a bad economy. Reporters do not mention the fact that the PE ratio for the S&P500 tends to 6-8 in bad times. The long term average up to 1990 is only 12.8, so why is it 30% higher than this long term average? It makes no sense and is hurting everyone who is investing, using their brain, and yet Bernanke is rewarding those who stupidly pay 2X too much for assets. This is financial corruption and thus Bernanke needs to be tried on treason and stock market manipulation.