I am not a straight politics guy so I don’t have much to say about GOP vs. Obama maneuvering etc. However, the policy we are getting is closer and closer to what I have wanted. The Fed is standing pat behind QE2 and opening the door to “make up inflation” or state dependent level targeting, whatever you want to call it. That's clearly a win. Congress is engaging in helicopter drop like tactics, a payroll tax cut – though a woefully small one, mor … Read More
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