The Fed will keep the pump open and the markets are happy. Symbiosis is defined by Merriam-Webster as: ‘a relationship between two people or groups that work with and depend on each other;’ An apt comparison for the Fed’s relationship w/the trading markets and drug dealers pushing product on strung-out junkies. Meanwhile, the man chosen to run the free world, seems to be missing the mark with simple math by failing to realize that increasing the amount of debt you can accrue -will increase that same debt. Apparently 3×4 does equal 11, who knew.
Links
->Obama: ‘Raising the Debt Ceiling…Does Not Increase Our Debt’
-> First Lady Targets Cartoon Characters in Junk Food Ads
->As More Companies Drop Insurance, Consumers Get Stuck with the Bills
->Environmentalist-Funded Study Confirms Safety Of Fracking
Top Photo: tsuki blue via Flickr