Off-Topic: If the economy is so good why the Fed pumping?

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	Name:	MartiniMan -
	Subject:	If the economy is so good why the Fed pumping?
	Date:	7/11/2013 6:13:08 PM (updated 7/11/2013 6:37:27 PM)

Yes, I just don't get it. Our left wing nut posters tell us the labor market is doing just great and then old Ben B tells Wall Street the pumping will continue until the Fed believes the labor market is improving. And his basis for believing this is his understanding of the U6 numbers which jumped from 13.8% to 14.13% on the backs of people giving up hope of ever finding a job and leaving the labor market. So which is it guys? Why is Ben so wrong? Why the fears about what the stock market will do when the pumping is reduced?

No wonder Bernanke is planning to retire. I would want to get the he!! out of there before that happens as well. The headlines will be all about the bubble bursting in the stock market with the usual suspects, greedy Wall Streeters, being perp walked and dragged through the mud when the economically literate will understand it was caused by govt intervention in the free market to prop up SOTUS' failed domestic economic policies. See the housing market bubble burst as a guide to what will happen here at some point.

They are counting on an improved economy to soften the landing but with our current incompetent in chief it just isn't going to happen in a sufficiently positive manner to avoid a correction.

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If the economy is so good why the Fed pumping? - MartiniMan - 7/11/2013 6:13:08 PM

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