The US Loses the War on Poverty

The US lost the war on poverty during the iDepression. And Bernanke's gun is jammed. He has nothing left to fire. Unemployment is up, poverty is up and the recession is on as retail sales fall. Of course Obama and BLS will lie about the picture to get re-elected. And idiot americans will fall for it hook line and sinker.

Ten year treasuries are now 1.43%, a new low. Greece is dead and Spain is dying. All the news is bad news these days.