James Altucher of Formula Capital bullish call on QE2 predicting the Dow will hit 20,000

[Agorism]

James Altucher of Formula Capital bullish call on QE2 predicting the Dow will hit 20,000 (http://finance.yahoo.com/blogs/daily-ticker/james-altucher-dow-going-20-000-don-t-142821798.html;_ylt=AhUevHwFVYaqZB7yB6dVOZkp2YdG;_ ylu=X3oDMTBvcmdvaHZ1BHBvcwM3BHNlYwNNZWRpYUJsb2dJbm RleA--;_ylg=X3oDMTFjN2RjMHJ2BGludGwDdXMEbGFuZwNlbi11cwRw c3R)

[puppetmaster]

yep and the dollar hits 50..... it's a lose lose situation. Middle class gets raped and the bankers benefit.

[Agorism]

Kick the can down the road, have a DOW run up with QE2, help Obama skim by into a second term

[puppetmaster]

Kick the can down the road, have a DOW run up with QE2, help Obama skim by into a second term

except the DOW has nothing to do with a recovery. most folks are only going to feel the pinch of inflation. The DOW can go to 50K....still no relief for the voters.

[Agorism]

Well if we get a bubble going for a while, it will seem like prosperity to a degree anyway.

[puppetmaster]

Not for the normal voters. When a can of peas hit $4 and gas hits $5 prosperity is a distant memory. They will try to use this as a measure but hungry people will be pissed of even more.