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Title: Will Bernanke Kill Santa Claus?
Description: The Fed is meeting today. And I ask who cares? At this point, Bernanke and his troupe of politicians masquerading as economists are in so far over their heads, no matter what they do or say, you can bet the move is designed to protect their butts, not yours. With the global economy taking off without us and foreign interest rates already on the rise, the Fed is desperate to look bullish while acting bearish. Anybody that has ever tried to prove the existence of Santa Clause or the Tooth Fairy to a six year old knows what Bernanke is trying to do. At this point, he’ll do anything to change the subject and focus the attention on something else. With all of this talk about an increasingly deadly carry trade bubble, it is beyond obvious that American interest rates need to rise. If it ...
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