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Jon Stewart

"Quantitative Easing??" Try, "Printing More Idiots"

Is the Fed Repeating Wall Street’s Sins? Joe Nocera: At a certain point, Wall Street ran out of clients to sell [securitized debt] to. So the only way it could keep the machine going was to buy it themselves. Jon Stewart: So, they infected themselves. At the end, they themselves became vampires. [Which suggests] a...
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Channeling Jon Stewart

“You Go. Then I Go. You Go,” etc.OK, so Jon Stewart delivered his version in front of more people, at last weekend’s “March to Restore Sanity” in Washington, D.C. But I served up my metaphor first: It would sure seem that traffic lights are one of the quintessential government functions. When they’re in the right...
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