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Wednesday
Sep212011

Open Thread - Waiting For Bernanke

Waiting for Godot Bernanke's announcement on Operation Twist scheduled for 2:15 pm EST.  No matter what he says, it will disappoint the markets.  What sayeth you?

Feel free to post links in comments.

---

I'll start with this one:

Matthew Yglesias Is An Economic Idiot

Where does Yglesais get his insane talking points, likely from super-Keynesian Brad Delong.

Hey Matt - more QE will not work.  QE1 - failure.  QE2 - failure.  Operation Twist - dead in the water.  There is nothing the Fed can do, outside of hope and pray for a time machine that catapults us forward a decade.  

 

 

 

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Reader Comments (17)

Sep 21, 2011 at 1:20 PM | Registered CommenterDailyBail
Sep 21, 2011 at 1:21 PM | Registered CommenterDailyBail
WASHINGTON (MarketWatch) — The Congressional Republican leadership sent a letter this week to Federal Reserve Board Chairman Ben Bernanke urging him to refrain from any more easing moves, saying that the U.S. economy should be driven by consumer confidence and worker innovation and not by central bank policy.

http://www.marketwatch.com/story/republicans-warn-fed-not-to-ease-again-2011-09-20
Sep 21, 2011 at 1:22 PM | Registered CommenterDailyBail
Bernanke No Longer Denies That The Purpose Of QE2 Is To Drive Stock Prices Higher

http://dailybail.com/home/bernanke-no-longer-denies-that-the-purpose-of-qe2-is-to-driv.html
Sep 21, 2011 at 1:37 PM | Registered CommenterDailyBail
Sep 21, 2011 at 1:40 PM | Registered CommenterDailyBail
Sep 21, 2011 at 1:40 PM | Registered CommenterDailyBail
Sep 21, 2011 at 1:41 PM | Registered CommenterDailyBail
Art Cashin On The "Greek Tragedy Playing Out As A French Farce"

http://www.zerohedge.com/news/art-cashin-greek-tragedy-playing-out-french-farce
Sep 21, 2011 at 1:44 PM | Registered CommenterDailyBail
http://www.zerohedge.com/news/did-republican-letter-bernanke-seal-deal-even-more-qe-jp-morgans-take

Did The Republican Letter To Bernanke Seal The Deal For Even MORE QE? JP Morgan's Take
Sep 21, 2011 at 1:45 PM | Registered CommenterDailyBail
Open thread...

Obama claims there are 31 counties in Hawaii...when there are only 5.

http://wattsupwiththat.com/2013/06/26/the-whitehouse-releases-a-laughable-state-by-state-climate-impact-report/
Jun 27, 2013 at 6:44 AM | Unregistered Commenterjohn
Jul 1, 2013 at 7:15 AM | Unregistered Commenterjohn
Happy 4th of July everybody!
Jul 4, 2013 at 6:22 AM | Unregistered CommenterS. Gompers
Likewise Gomp and all!
Jul 4, 2013 at 10:22 AM | Unregistered CommenterJohn
Iceland parliament declines Snowden's citizenship bid

http://ca.reuters.com/article/topNews/idCABRE9640PS20130705
Jul 5, 2013 at 1:06 PM | Unregistered Commenterjohn

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