BURNanke was clearly hoping for a good excuse to double QE so he could one up ABE - jobs number certainly was as good as any…too bad QE is dead, unmarketable and finished. Ben has to deal with insolvent US banks and bank runs…Funny, I thought BAC as in such good health that they were authorzed to buy their own shares back and pay dividends…YEAH RIGHT BEN!
I think ‘ll buy some DX dollar contracts.
Trillions for War, Pennies for People: How Soaring Military Spending Fails
Americans
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Unpacking why the US military is so expensive and even if it were less
pork-driven, would still be unduly costly for society at large.
1 hour ago
