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.
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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.