Wednesday, August 3, 2011

Out of Ammo? What Ammo?

In the Civil War, the South’s great guerrilla fighter Nathan Bedford Forrest more than once fashioned cannon out of tree stumps to fake out Sherman’s troops.

Reuters: "Obama, Bernanke out of ammo to boost jobs, growth." Correct.. Out of ammo. And key folks, it’s a head fake; they never had any.

We predicted, quite correctly, that BO’s stimulus would be at best a wash. We predicted, quite correctly, that Bernanke’s flood of money would only devalue the dollar, spark commodity inflation, and boost less-than-deserving equity prices.

They - gov’t types - simply cannot help themselves.

Now take control of your hands BO. That’s it. Now, sit on both of them.

Good Boy.


Robert Craven

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