They really know what's important, what with Mitt's Tax returns and asking him if his statement on the embassy attacks was appropriate after the murder of the ambassador in Libya was known (or reported).

There's nothing else going on that you need to know.

and

This is not the news you are looking for.

If buying the election with QE∞ doesn't work........ (it won't) look out after the election.

But you should already know that by now, if you've been paying attention.

Like I said, would the DLM (well, I think I originally called them the LSM, but whatever.... a pile of dung by any other name would still smell the same) report the implications at the time (last Wednesday) or would they keep it under wraps until they no longer could and everyone wondered what the hell happened.

The Fed has NEVER announced a monetary policy change after labor day in the year of an election, much less one of 'unlimited', which is what you get when QE doesn't create the jobs the QE was supposed to do.