THE FED IS JUICING THE MARKETS

By Pamela Geller

Why are we still listening to “Time’s man of the year,” Ben Bernanke? (hat tip David Allen)

Trouble ahead. Another crash is virtually certain, thanks to Washington‘s $23.7 trillion explosion in debt, the Fed‘s support for the $670 trillion shadow banking system, and Wall Street lobbyists. Atlas reader Jim Q ……….

Maybe I’m wrong here, but banks are getting destroyed at their core businesses. Remember, a bank lends out depositors money to borrowers at a profit.

They are however making loads from trading with money they did not have as capital a year ago.

I can’t be the only one who sees this.

Why do you suppose Geithner is now terrified to testify about the money-go-round of a year ago?

And Bernanke insists that it was all because of lax regulation………….

The market is up 50% but where are the corp earnings to justify this?

The market is up and the govt tells us the UR is at 10%.

You believe this? The UR is definitely higher than 10%. Check out Food Stamps requests.

You believe the govt inflation figure .22% month over month? Where do they shop? Make the money now, but get out soon.