Wall Street went euphoric today because Bernanke is back for round 2. Bernanke pledges to help drain all remaining tax payer resources, right into the pockets of the elite. No bank must be left behind and all CEOs must get the normally bloated bonus or else.
Consumers are confident as hell except for the few million extra recent homeless. They are less confident. Something like 18% of the population thinks that the job market is improving. This 18% needs to do a meet and greet with Bush's 25%. They have much in common. Their offspring can join the ranks of Glenn Beck nation.
Reuters: Nikkei claws higher but gains limited, Toyota up
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