On a weekend so full of memories, we thought it appropriate to remember what was promised so many years ago from our central-planning overlords. All that printed money, all those bailouts, all those promises and Bernanke’s statement that “Fed actions did not favor Wall Street over Main Street…” and this is what we end up with… “not” all time highs in what really matters…
Remember – Bernanke told us “The US economy is heading back to a full recovery” – then a few months later explained that interest rates would not normalize in his lifetime…
Just don’t tell Obama (or the Democrats who have been told not to mention the ‘recovery’), or the record number of middle-aged people living with their parents, or the almost imperceptible rise in the employed population since QE began…
via Zero Hedge http://ift.tt/1tCtIZO Tyler Durden