Count Me In The Failure Caucus

Here's an article from Slate that lists a bunch of people from economists to politicians who believe the market is going to take another tumble and dubs them the Failure Caucus. Well count me in. There is no way that this economy is fixed despite what the Federal Reserve, the Treasury and the CNBC pundits say. If banks are still in jeopardy and housing has yet to bottom then a recovery CAN NOT happen.

Failure Caucus

Who's rooting for the economy to tank again? These guys.

Most Americans have a lot riding on the success of the government's efforts to pull the U.S. economy out of its ditch: individual investors, bankers, Federal Reserve Chairman Ben Bernanke, Democratic politicians, and taxpayers. A somewhat smaller group has a lot riding on the failure of these efforts....

Read the article HERE.