The FOMC did the expected today, and the market yawned.
Its all fiscal cliff on the informercial channels now until year end.
"As their fundamental failures become more evident to all, these elites have lost credibility, influence, and the ability to dictate outcomes. The West’s establishment credibility is dying, and their influence is precipitously eroding— all deservedly so. It is easy to lose sight of how many catastrophic and devastating failures Western elites have produced in a remarkably short period of time." Glenn Greenwald
The Banks must be restrained, and the financial system reformed, with balance restored to the economy, before there can be any sustainable recovery.