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Fed Watch: Policy Totally Adrift; Be Afraid, Be Very Afraid

Oops. We need a management change and get rid of that corporate jet. After a trillion dollars they are still foreclosing on our homes, thousands of people are losing their jobs and hundreds of companies are closing up everyday.

The Fed has been primarily responsible for this. In all fairness, Bernanke didn't do it alone. Greenspan started it and Bernanke finished the job. The next step is to lower the interest rate, create some more money out of thin air, and throw it at the banks so they can cuddle with it.

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