You don't have to be a Nostradamus to see that as long as this economy, and those in Asia and Europe, too, continue to bleed jobs, all the quantitative easing and printing of money won't help money circulate freely.
We're in a death match where Bernanke is attempting to stem deflation, but his bullshit answers for the last 4 years, consistent and often, don't serve his cause or credibility.
He told us housing wasn't in a bubble in 05 and early 06, that there was no recession in 07 and even 08, and so many other BS line I can't count them all.
We'd be better served a fed head who leveled with us, rather than lie to us, only to see Joe Public figure out he's been fed a string of turds some 6 months or 9 months later.
Also, if Obama wants to nationalize the banks and other industries, and really believes that's the right process, then just do it, regardless of critics (including me). Don't try to stealth nationalize a good chunk of the banking sector.
The average American who works hard and pays taxes is getting so royally screwed right now it's sickening, and it really doesn't matter which party is in office or pretending to offer solutions, as they're both completely and thoroughly owned by big finance.
Goldman Sachs and JP Morgan probably have two color coded phones patched directly into Obama's office.
"Barack, this is Jamie Dimon, and here's what I need you to do...."