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"Who is Bernanke Working For?"

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The great taper caper

What's happened to the economy?

We used to evaluate companies based on their sales and profits. Now we evaluate companies based on what the Federal Reserve Bank may or may not do.

Of course, this is utter madness, but it is the madness by which things are being run.

It's also a total illusion.

The Fed has temporary influence on the marketplace. Not control, influence and not permanent temporary.

You can count on this: The Fed will lose control. When that happens, what form that takes and what the fall out will be is anyone's guess, but that it will happen is reliable as gravity.

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