Re: This is marginally a good sign..

Bernanke just announced today it will be buying up to $850 Billion of  
US Treasuries (in effect monetizing the debt).  Let's see what they do  
about that.  The current policy is to punish the savers and reward the  
bankers.

I have given up even the pretense of hope at this point.

regards,
-Lance

On Nov 3, 2010, at 5:07 PM, Mike Findlay wrote:

> Isn't it?  Lance?
>
> http://www.bloomberg.com/news/2010-11-03/bernanke-faces-more-congressional-scrutiny-after-republican-election-gains.html
>
>
>
> I'm not holding my breath, but hopefully its more than just a dog  
> and pony show.
>
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