Bernanke 'Twist' Strategy to Inflate Economy Prior to Election

Bernanke 'Twist' Strategy to Inflate Economy Prior to Election: "Various studies over the past two years estimate that private and public corporations are holding more than $2 trillion in cash on their balance sheets; with an additional $1 trillion in overseas profits (after paying taxes to the countries where those profits were made); another estimated $3 trillion in private equity capital; and more than $2 trillion in excess reserve lending power in our banking system.  Hence, if these studies are accurate, there is over an estimated $8 trillion of capital waiting to fund superior economic growth in our nation.  Even if the actual available capital is half that estimate or $4 trillion, that is still powerful and debt free economic stimulus waiting on the sidelines.  The only thing holding the private sector back is a failed ideology that government can control the private economy and that an extra-constitutional institution, the Federal Reserve (which was created by an act of Congress in 1913) could help the government in this miss-guided mission.  Now that is twisted!"

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