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"Economy Gaining Momentum"; If Your Car Took This Long to Gain Momentum, Wouldn't You Sell Your Car?

By Joseph McDaniel, Esq.

There's an intelligent article in the New York Times in which Bernanke's testimony that the U.S. Economy is "gaining momentum" is reported.

Frankly, if my car took that long to gain momentum, I'd get a new car.

And by the way, why did we give the right to set monetary policy to the Fed, which isn't even a government agency?

Inquiring minds want to know.

p.s. the masses of unemployed and bankrupt citizens of the United States are very patient. Patience is usually a virtue.

Full post as published by Arizona Bankruptcy Attorney Blog on March 01, 2011 (boomark / email).