Today, we have not one but two quotes of the day courtesy of Dick Fisher:
- FISHER SAYS MEXICAN GOVERNMENT BETTER RUN THAN U.S. GOVERNMENT
- FISHER SAYS MEXICO GOV'T ANTITHESIS OF U.S. GOV'T ON FISCAL, BUDGET
Brilliant, 100% accurate and absolutely hypocritical. Because the only reason the US government is the epitome of disorganized confusion, record partisan bickering and sheer chaos is because it has the Federal Reserve to pick up the pieces for its failure to come together on any one fiscal issue. And the Fed is perfectly happy to accommodate the same dysfunctional Congress by enabling it to do nothing not for one, two, or three but four years running now, and likely will continue into 2014 and further, in the process continuing an unprecedented wealth transfer from the poor to the uber rich. The same Fed that Dick just happens to be part of.