The only criticism of Santelli I have is that he waits until the stock market plummets over 200 points in a day before releasing his rant. Now in his defense, he will say that no, he was reacting to Ben Bernanke's speech. But we've heard that speech before. Ben Bernanke didn't say anything new, and Rick Santelli never screamed like that then. It's stocks going down that Rick Santelli can't stand, and of course, a hundred million Americans and especially those a few years from retirement aren't going to be able to stand it either.
All you've offered as a plausible reason for more of your QE energy drink is that the economy is still too weak not to keep drinking it. But you're using a sports metaphor to avoid answering the question I posed in the OP. The entitlement complex of you liberals in this 21st century is truly boundless. We've recovered from a recession every four years in this nation and we never needed an entitlement complex to the children's money in order to distort the entire marketplace with artificial and unsustainable growth. We've heard of the best generation who lived in the 2nd quarter of the 20th century. Yours is going to go down in history as the worst generation once this ponzi scheme comes home to roost.
Barack Obama ought to appoint Bernie Madoff as the next Fed Chairman. At least Madoff can admit what it is.
So, because you don't know what you are talking about you've fallen into the classic trap of starting to talk about semantics and spelling.
The Fed or the Fed's , which i out of laziness call the Feds (bloomberg, the time etc do it sometimes...lazy confusing b*******!). Which isn't easily confused with the Federal Government, if you understand the topic. If you don't understand the topic i can see how it's easy to mix terms with each other that are not directly associatively linked with what is said.
Im glad to see you could find it within yourself to critique Santelli.
All I've offered as a reason? That's because that is the only reason.
You're question in the OP is santelli's question "What is Bernanke afraid of". I've given you the answer, Bernanke has given the answer, the whole damn economy is giving you the answer. But you just don't wanna hear it.
You wont be satisfied with any straight up answer, as long as it's not covered in a thick layer of doom and gloom.
So whatever....if your looking for doomsday predictions you should move on to the Modern Mysteries section of this forum.
QE is simply a technique. Let them test it out. Look at the rest of world, America is rising whilst the rest keeps tumbling over their own feet.
*yamato voice* but the rising is super fake and all will fall * yamato voice*
Well you can just wait and see then. No point in trying to predict the future that far ahead.