[NormsRevenge]

Pursche added..

“When the Fed decides to take this type of action, it’s because things are serious,”

[April Lexington]

The Failed Obama Administration©

[randog]

"It's being viewed as perhaps an admission that this is a longer-term issue that the U.S. economy is facing and not one that's going to be solved over a couple of years," said Oliver Pursche...

TRANSLATION: This won't be solved until we get that incompetent boob out of the White House.

[taxcontrol]

How to make money in the Obama stock market.

When Obummer or one of his Czars or minions is about to give a speach, short.... and then short some more. Maybe even stupid short.

[rbg81]

.... the Fed expects the economy to take years to recover.

---

Well, duh. More importantly, the Fed is Hell Bent on keeping interest rates near zero. Anything otherwise would cause the Federal deficit to become totally unaffordable. At this point, its all about buying time.

[colorado tanker]

Step One of my economic plan. Use this on Bernanke's mouth.

[LibLieSlayer]

Every time an obamite speaks... the Dow loses hundreds of points.

LLS

[Soothesayer9]

Maybe someone could just chain Obammy’s leg to the golf cart. He can golf all day, every day. Less damage that way.

[UnChained]

“Stocks then plunged because investors saw a grim forecast behind the Fed’s plans. “

Where does the AP get this analysis?

Do they poll a large number of investors and this is the concensus? Could it be rather that the stupid moves by the fed and the lack of any real measures by this administration to grow the economy that investors frequently are forced to realize that the patients are in charge of the asylum?

When GWB got talked into the $600 per person consumer stimulus giveaway the market gave up 400 points the next day. Could it be the market considered it a bonehead move to print money to stimulate the economy.

The reasons the MSM gives for investor behavior never seems to point to Obama’s deliberate sabotage. I bet Wall Street regularly reacts to actions by our Marxist-in-Chief and not the bland and deceptive causes given like jobs reports.

[mrsmith]

An exposition on “Operation Twist”:
http://seekingalpha.com/article/295156-twist-and-yawn

But I think the nub is in the posted article:
“The move is intended to drive down interest rates on long-term government debt”

Debt Uber Alles for America now.

[RetiredTexasVet]

Looks more and more like the ‘30s every day. Have a progressive Food Stamp President, a clueless Fed. Chairman, and a Dem Senate. We only got out of the Great Depression because FDR died, not because of WWII. After WWII, the depression continued until Eisenhower and a Republican congress was elected. Truman was just as stupid and bad as FDR. If Zero is not voted out in 2012, the American people will relive the ‘30s with the addition of uncontrolled violence and rioting.