Scratching Our Heads on Stimulus; Plus, Sounding-Off on Wen at Davos!

A nice gesture – is that what the US government is hoping to pass under our noses with their most recent stimulus bill?

And listening to the Federal Open market Committee monetary policy statement yesterday (as with most of the FOMC announcements), it seemed as though they were just refraining from speaking reality; it’ll all be hunky dory eventually, they think.

With confidence numbers at dreadfully awful lows, it seems we’re getting extra large doses of lip-service these days. Back to the stimulus bill, it’s goal (or so we were told) is to reduce burdens on the US consumer and the US worker.