Quantitative Easing

Just the term makes my head spin a little bit. It isn't exactly news the Fed is pouring $600 Bil into the economy to guess what? Lower interest rates. I didn't know there was a number lower than 0. At some point maybe they'll start charging people to save money.

My suspicion is the more complex we make this thing, the less likely we get out of it. No one understands what is going on - not Obama, not Palin. If I were boss, I'd propose radical simplification of everything - the tax code, healthcare, etc. I suspect we'd find a lot of savings initially and it would ultimately lead to to productivity.