BLOW OFF TOP OR REST?

$trillions have been spent, money created out of thin air, dropped from helicopters......where has it landed and what has it done?

The GOV stimulus efforts were weak and not focused well and not targeted to have maximum effect. Instead of projects or tax cuts to get into economy immediately and into pockets of workers, the money went into Roosevelt style shovel projects, too spread out over time to have even limited results....and the amount vs a $14T economy were miniscule.

How about the FED? $2 TRILLION effort, with another $600B coming or more.....going into buying US GOV DEBT! to manipulate rates lower.....so far the 10 and 30 and rates in general have not fallen further and some have broken OUT to UPSIDE especially 30 yr. (buying opp?)

Money has gone DIRECTLY TO THE BANKS, FINANCIALS....and from there directly into stocks....commodities and foreign markets have been stimulated. We keep hearing about "we have STRONG DOLLAR POLICY"...but we know they are trying to pay OLD debt with NEW DOLLARS.

It seems to me the FED has DIVERTED money AWAY from the economy to the financials......LARGE COMPANIES appear to be doing well, reporting profits.....mostly from head chopping and cost cutting.

SMALL BIZ confidence and Consumer confidence remain fragail and display the weakest improvement from Recession readings ever on record......some jobs but not enough even to take care of new entrants into job market...what about the 8 million? the 99'ers? some data looks better ONLY because so many more have DROPPED OUT LOOKING and are not counted....those in power can make the data appear any way they need to....trying to hide the ugly reality....that their efforts and policies have mostly only helped those who had a large hand in creating this crisis.

AS gold rises to the sun, will the newly minted paper be burned to ashes? Not only do problems and imbalances remain, and maybe only time heals, but thanks to ill concieved policies new ones are being birthed.

Duratek