There’s a lot of buzz among bulls that bad economic news is great news. They believe it will lead to another round of Fed quantitative easing (QE2) which will cause another stock market moon shot a la March 2009. So, the worse the news gets the antsier the administration. Bernanke and the Treasury get to unleash another round of stimulus. One idea floated today via Reuters is to empower Fannie and Freddie to bailout home owners who are underwater....READ MORE!
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