NP but The Confidence Man: Bernanke

[alice wellintown]

Ben is a hero; he needed to act and he did. He did not wait for the
poltical parade to roll down the street and pick a winner; he will not
be hushed or threatened, pushed off a fiscal cliff. One could argue
that he could have dione more sooner, but these arguments (i.e.,
Krugman & Co.) ignore the risks. The risks are quite significant. And
I'm not talking about inflation. We have still a long road ahead, full
of potholes, or, if you prefer the worn out and trite headwinds
everyone is talking about, headwinds ahead, but we now have significan
risks that the Fed will have to handle down the raod. But we are on
the road to recovery. The come back kid is back again. Buy risk assets
or suffer.




On 9/13/12, Markekohut <markekohut at yahoo.com> wrote:
> "Confidence" is what the FED can provide, he said today.  Melville knows all
> the Repub wiles
> In the characters in that novel, including, of course, Mitt saying he will
> fire Big Ben if he wins.
> All the ways of Nay-saying, of sabotaging the "trust" in the social
> contract.
>
> Sent from my iPad