Bernanke may not even be able to do QE3 since there are 3 Fed members who have already voted against him...one more against QE3, and the Bernak will not be able to do anything to prop up the market.
It is a mess...Obama and his merry band of gay blades are a hard headed bunch of bastards...fitting the very definition of insanity...
...doing the same thing over and over but expecting a different result....
..if Zer0 comes back from his "well deserved vacation" (choke)...and gives the same old tax and spend, class warfare speech for his "jobs creation plan".....watch out....-(minus)400 points may just be a good day for the market.
QE 3...higher prices for everything and a sinking dollar....then a sinking stock market....watch out
The powers behind what is happening are not stupid. They are causing what is happening deliberately because it is time for America to cease being the economic super power. The central bankers of the world (of which the Fed Res. is a member) have pumped America up for decades, making profits on the booms and the busts, and now is the perfect time to pull the rug out from America.
The grand effect?
America will be forced to abandon the US dollar and to sign on to a world currency controlled by a globalized central bank.
There are other options, such as complete economic and financial Armageddon before we get to the point of the global organization. I don’t doubt that the powers behind this would like to reduce the world’s population by several billion before they try to take over.