With the President being so concerned with the markets on Monday in the absence of a debt deal, is this not a test of who is calling the tune? Bernanke points to the Russell 2000 to judge QE2 a success. Does the market have to come down Monday to keep the theme alive? I would think if non-Governmental market participants had their say, they would rally stocks as a giant middle finger to the President. Who is he to invoke markets?

Gary Rogan writes:

It's a test whether the truth can triumph in spite of all the propaganda

Media Blackout: Nets Ignored Popular Cut, Cap, Balance Bill

Sushil Kedia adds:

The Zimbabwean markets went up like something….. with their QE ad infinitum. Eventually the only thing everyone needed to buy was chastity locks…


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