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It’s the perfect medicine ... if the intent is to shuffle off the bad debt owned by the speculators onto the U.S. taxpayer.

Don't you understand, speculators are too big to fail!

If speculators lose then we ALL must lose. /s

Ben Bernanke And The Fed Gave Mitt Romney A Huge Gift
James Pethokoukis, American Enterprise Institute | Sep. 14, 2012, 12:40 PM | 7,734 | 24

The common wisdom among the punditocracy is that the Federal Reserve’s announcement of its new, open-ended bond-buying program will provide a big boost to President Obama’s reelection by juicing the stock market and economy.

Actually, however, the Fed’s monetary move could give a huge messaging boost to Mitt Romney if his campaign plays it right.

Imagine this speech by the Republican nominee:

President Obama and his fellow Democrats spent their convention down in Charlotte trying to persuade voters that the U.S. economy is on the right track, that the president’s policies are working, that no president could have done a better job with the mess he inherited, that all that could be done has been done by this administration, that we must stay the course.

But yesterday, Federal Reserve Chairman Ben Bernanke finally admitted what most folks outside Washington already knew: The economy, three years into a supposed recovery, remains in terrible shape and is unlikely to get much better anytime soon.