Friday, April 08, 2011

For His Next Act, Bernanke Will Immolate ..........

Well, here's a list suitable for indictment:

Bernanke's QE II Scorecard

  1. Long-term yields are rising
  2. Banks are not lending
  3. Consumer credit is still dropping
  4. Housing prices hit new all time record lows
  5. Housing starts have hit new all time record lows
  6. Banks are sitting on massive amounts of properties not marked-to market
  7. Commodity prices have soared
  8. Food and energy prices are up substantially
  9. Those on fixed incomes earning nothing on their deposits are getting crushed
  10. The stock market marches higher
So, whassamatta, youse complainers?


Disgruntled Car Salesman said...

Just ask Strupp! He'll tell you the economy is doing GREAT!

J. Strupp said...

Yeah that's me. The guy always talking about how great the economy is.