ATHELSTAN

The White Elephant That Could Destroy Your Portfolio, Part I

Fed Director,Ben Bernanke, and company will not raise interest rates in an election year, especially with a weak Republican candidate and his party already heading into the toilet. Nor, does the director want to be accused of killing the GOP's chance of a victory at the polls. Which a raising of rates would certainly do.
So, why not have the real estate depression break the back of inflation this year and right through 2012? The Fed can't do much to prevent the loss of family wealth anyway. If it means sacrificing John McCain and the GOP in the process, those are the breaks.
Bernanke doesn't have to raise Fed rates. All he has to do is simply wait for Bush's depression to take hold and do the Fed's dirty work for him.