Quantitative Easing, the crookedest scam in history.

• Bernanke declares $600B of further asset purchases to follow the $1.2Trillion, but wait a minute
• Instead of buying from the Treasury Dept. he buys from the market
• The buying in the open market is controlled by FRBNY
• FRBNY is controlled by William Dudley
• William Dudley is a 21 year Goldman Sachs veteran
• QE is designed to fight deflation
• We are in the middle of the largest commodity boom in history with all consumables, metals, education, health care and energy costs skyrocketing. So, the CPI is a basket of garbage that does not indicate true inflation.
• We are in the middle of the greatest recession since 1929 and the second shoe may yet fall
• Unemployment after BLS manipulation is at 9.6% but without is truly at more like 17%

So to summarize the above, the Fed in its idiocy is essentially working on creating a hyperinflationary environment using an ex-employee of  the biggest crooks on Wall St. to mastermind asset sales to themselves, and simultaneously creating a market where by trashing the dollar they will make goods that people need and have no money to buy, more expensive.
These people are unemployed, some with little future prospect of getting employed and they are fast becoming aware that their Govt is working against them or at least that is their notion.

This should lead to some interesting occurrences when certain financial lines of affordability are crossed.