The fed says no interest rates hikes until after the election, is this political to help Obama?

This is a trick question, right? The fed just "arbitrarily" picked a date in 2013 to hold the interest rates at zero. Ok, now that I'm through laughing, I can honestly say that Bernanke has been in Obama's pocket for over two years now. Nothing has changed with him.

Sounds like he has the fed in his pocket, don't know if it will be enough. We'll have to see how the stock market reacts, so far its been positive.

Dunno if it will help Obama, i'd prefer if the FED would say Why it did secretly loan 16 Trillions dollars to various companies

http://www.businessinsider.com/feds-16-trillion-do...

Bernake is an idiot and then you have Greenspan saying " print more money ".

These guys are IDIOTS !!

If only he were that clever where it really counts.