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Friday, June 3, 2011

Quote of the Day- 6/3/11


“The economy is slowing pretty significantly.  [Federal Reserve Chairman Ben] Bernanke’s going to do whatever it takes to initiate another round of quantitative easing. It may not be called that, but I do believe a form of QE3 is in the mail.”

Bruce Bittles, chief investment strategist at Robert W. Baird

If the US was truly a capitalistic nation as it so often pretends, then all these disgusting Coward investors and traders would rise and fall by their own merit. And if some or many had to be destroyed in the process, then Good-- so be it.  The system would be working as it intented  The market and economy on the whole would naturally correct itself as its done often in past history.

And ultimately the question is this- is there really any difference between a morally filthy Wall St beggar and a physically filthy pan-handler beggar?

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