Split Fed Likely To 'Twist': A '60s-Era Policy Flop

Investor's Business Daily ^ | 9/20/2011 | Scott Stoddard

[Slyscribe]

A sharply divided Federal Reserve is expected to take modest steps Wednesday to bolster stagnant growth and hiring amid European debt woes.

The efforts likely won't have a dramatic impact, analysts say. But inflation concerns may preclude stronger medicine, and in any case prior doses of shock-and-awe easing didn't result in a self-sustaining, robust recovery.

[Comparative Advantage]

Helicopter Ben is trying to get 30-year mortgage rates down to under 3%.

Mo money!!

[Red Badger]

[RexBeach]

Like pushing on a string.

This makes as much sense as thinking that in order to get sober, one drinks more.

[Red Badger]

Lets Twist Again
Artist: Chubby Checker

Come on everybody clap your hands
Now you’re looking good
I’m gonna sing my song and you won’t take long
We gotta do the twist and it goes like this

Come on let’s twist again like we did last summer
Yea, let’s twist again like we did last year
Do you remember when things were really hummin’
Yea, let’s twist again, twistin’ time is here

Yeah round ‘n around ‘n up ‘n down we go again
Oh baby make me know you love me so then
Come on let’s twist again like we did last summer
Yea, let’s twist again, twistin’ time is here

Come on let’s twist again like we did last summer
Yea, let’s twist again like we did last year
Do you remember when things were really hummin’
Yea, let’s twist again, twistin’ time is here

Yeah round ‘n around ‘n up ‘n down we go again
Oh baby make me know you love me so then
Come on let’s twist again like we did last summer
Yea, let’s twist again, twistin’ time is here