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SPDR S&P 500 ETF Message Board

  • jlcconsult1 jlcconsult1 Apr 8, 2013 8:47 AM Flag

    FED UP WITH THE FED.

     

    looks to me like the other govs in the fed are about to give Ben the hev-ho and tell'em they're done with this purchase program. my take is they don't want more bad press about the effect of continuing a program that promotes huge asset prices, while the employment issues are obviously not getting better. they can no longer justify spending 85 billion per month and say "look how good we're doing", people see right through it. no one except money managers wants it, and the drug of easy money makes it appear to favor the rich.....again. Obummer sure doesn't speak for the people he claims to represent and the dems don't want this to haunt them, when Benny's gone.

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