[Home] [Headlines] [Latest Articles] [Latest Comments] [Post] [Mail] [Sign-in] [Setup] [Help] [Register]
Status: Not Logged In; Sign In
Business Title: FOMC Minutes: Idiots On Display (Save Three) Nuts. Simply nuts. Translation: Nothing we did was effective. Fancy that. The drunk is a poor automobile insurance risk and he becomes a really bad one after he guzzles another bottle of whiskey! I heard a rumor that the CME is planning to list boiled rope futures for the time when our youth figure out what's been done to them with college loans. No, really? I will repeat: I'm not starting a new business until the crap - including the FOMC's zero interest garbage that has destroyed capital formation - ends. You want me to take risk? Fine; I'll do it only in places where I can be "out" in seconds. I won't set up a business and employ people. And you, Bernanke and the rest of the FOMC, are directly responsible for this. "Creative Destruction" would have normally led me to open a new company by now. But the FOMC stopped that and by doing so it has destroyed not only capital formation but has also eviscerated the desire of myself and others to take long-dated risk - and starting a business is inherently such an endeavor. Go ahead and read the rest if you want. There are enough worms in there for whatever position on QE3 you'd like to take, and square well with Evans' view that "The FOMC is not responsible for commodity inflation" - while gold spiked $40 literally as he said that this morning on CNBS. Yeah, whatever. Every time that clown opens his mouth I am reminded why I have for more than a decade, and will continue to, maintain a blacklist of so-called "higher educational institutions" from which I will instantly bin resumes, should I ever decide to again open a company that employs people.
Post Comment Private Reply Ignore Thread |
[Home] [Headlines] [Latest Articles] [Latest Comments] [Post] [Mail] [Sign-in] [Setup] [Help] [Register]
|