Yerk, while I can’t know what Bernanke’s loan was indexed to, I would tell anyone I know in America that it won’t get much better than 4.75 on a thirty. This also goes to 2thfixr’s 3rd point. Bernanke could pacify the interest rate crowd with an increase but that was not the tool that was used to do the heavy lifting and in my opinion won’t siphon off much.

Quantitative withdrawal should be the tool of choice – a lot less blunt. In fact, it’s so sharp a tool that desks won’t “surprise” one another. I just can’t imagine a sharper clerk than the one we have now – other than Geithner.

Marty Armstrong’s forecasts:
http://www.docstoc.com/docs/19898465/The-Dow-the-Future-Theory-Myth-12-6-09

http://www.safehaven.com/article-15308.htm