Thursday, October 16, 2014

176: James (Benedict Arnold) Bullard

Bullard, president of the St. Louis Fed, has been a prudent and reasonable voice on QE - until now.  The market has a hiccup for a couple of days and all of a sudden Bullard is the newest chicken little in the group of clowns known as the Fed Open Market Committee.  These jokers have really come to believe that they know what they're doing, and furthermore that they can predict the future.  The Fed is just another disastrous by-product of huge government run amok.

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