Tornado Alley (PROG)

[SilverSurfer]

good article, thx.... Markets reacted - "as if some giant hand had reached down and pushed it" (as opposed to the invisible hand) ie The Fed Lost it's Independence - as if it had such

Conclusion: it's reasonable to conclude that the new highs of the current equity cycle are more the result of Federal Reserve artificial support than any improved economic condition or outlook required to launch a new secular uptrend. If new all-time highs are not part of a new secular uptrend, then they should be relatively short-lived...............

In the late 1940s the Federal Reserve got lucky and took advantage of an opportunity created by bad Government policy. Will the Fed be so fortunate this time?

We shall see...........
http://seekingalpha.com/article/1321721-here-s-what-happened-the-last-time-the-fed-owned-all-outstanding-treasuries?source=yahoo

btw, I may check out your wing of the alien abduction experience, that exlains alot.