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Just about the only thing I agree with you on. Everybody says the news is skewed but they need to be more specific. Televised news is skewed. Most journals and magazines do a pretty good job at the news.
If the Fed and Mr. Berneke would stop what they are doing this country might have a fighting chance. But keeping interest rates effectively at 0 isn't helping anyone right now.
It helps the government and the "1%" that those occupy morons went around protesting.
Low interest helps the government service its debt at a manageable level, and also lets them continue with ridiculous spending programs as well as allowing them to keep adding parasites to the welfare rolls. And it provides easy access to money for rich bankers to speculate with, hence the rise in the stock market.