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Stock market soars because they think Ben Bernanke is going to print more money. Isn't this funny?
Ms Sans Serif
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[quote:Oldmotherhubbard:MV8xODkxODQ5XzMxNjAxNjg4XzY2MkI5RjVF] The market continues to lose steam, and the Nasdaq is in fact lower. Here's Ian Shepherdson of High Frequency Economics on Bernanke's testimony: "If the sky falls in the Fed will do whatever it takes to protect the U.S. In the meantime, no hint of further Twist; slightly surprising." http://blogs.marketwatch.com/election/2012/06/07/live-blog-of-bernanke-testimony/ [/quote]
I find this to be especially true in New England. It seems that people put so much faith in others because they think they are smart or they went to the "right" college when they were a pimple faced teenager.
We act like only a scholar that went to Harvard can figure out to solve the financial crises we are in. When in reality, this dumb fuck is just printing worthless money and pumping it into the economy.
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