Bernanke's Points in National Press Club Speech

The lies come hot and heavy:

• Initial claims for unemployment insurance have generally been trending down, and indicators of job openings and firms' hiring plans have improved- See below chart for Lie #1

• QE 'Effective at easing financial conditions'
• Recovery likely to be 'more rapid' in 2011 than 2010
• 'Overall inflation remains quite low'- See chart of CRB Index for Lie # 4

• Recovery in consumer, business spending may be solid
• Economy seems to have strengthened in recent months - See below for Lie # 6

But here's the only one that matters:

• Unemployment, inflation likely to defy Fed mandate

Which mandate is that Genocide Ben: would that be the mandate to kill off half the world with your revolutionary policies before the Russell hits 36,000?