Quote from jd7419:
The end game to Bernankes madness might consist of a plan to distribute stock to all people in America so they can all share in his plan. A better plan would be to just mail a check to everyone. This shit is all madness, everyday I want to throw my remote through my Tv when I hear Steve Liesman defending the plan. It seems like for every ten fed lovers they have on, cnbc has only one disenter.
Indeed, the Fed apologists populate this site as well, as hard as it is to believe. It's always a moving target with regards to their latest line of defense.
We've now gotten to the point where goosing the stock market higher (which they've been doing in stealth manner for years, most people won't admit to it), but now it's seen for "the greater good" as stock prices declining = bad, stock prices up = good.