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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