I remember a friend of mine who wanted to get her kid off the "allowance" dole, and out there learning something
about business and ambition, so, she helped him set up a Koolaid stand out front of the family house.
Problem was, the kid was lazy. He set up a sleezy stand, left the ice out of the drinks, and played in the sprinkler while potential customers ignored his operation. Frustrated, and anxious to help create an "illusion" of success, my friend bought her own kid's koolaid, glass by glass, and he successfully sold out.
That was an "allowance" via a koolaid intermediary, folks.
So, here we have the fed buying up all the mortgages that are fueling the housing recovery... and buying up the treasuries that are financing Obama's massive deficits. We are drinking up all the koolaid, while mother fed does all the financing.
All these deficits and QE aren't growing the economy... not when Obama is scaring away all the investment capital and Harry Reid hasn't passed a budget in 4 years. This is the slowest, post-recession recovery since World War 2, DESPITE all the stimulus.
But how much longer with the Koolaid? Will a $20 Trillion national debt and a $5 Trillion fed balance sheet compel us to stop dispensing Koolaid and start incentivising business and investment capital?.....
..... not while we have a president who encourages us to hate businesses and those who posess investment capital, we won't, and as long as THAT is true.... Koolaid is all we've got between us and another recession.