QE3 Stimulus?? Shame on you...

[iamwhatiseem]

I couldn't agree more with this article.
QE3 would only increase profits for banks and Wall Street firms...little short term effect and no long term affect for everyone else..

If the Federal Open Market Committee continues to include the phrase "the housing market remains depressed" in its statement without offering a solution, then shame on it.

Regional banks have not passed the benefits of lower interest rates on to consumers or small businesses. Banks pay next to nothing on CDs and money market funds, while they have raised rates on credit cards and small business loans.

Advice for Fed: Don't Do the Twist Again - TheStreet