Unintended Consequences

http://market-ticker.denninger.net/archives/692-The-Idiocy-of-Bernankes-Bubbles-and-CNBS.html

http://www.calculatedriskblog.com/2008/12/negative-yields-on-money-market-funds.html

So this is it. 3 months. In March we will know if it worked. If not we are facing ugliness. By that I mean Dow 3000 or less. Massive collapse in treasuries. Massive cuts in government spending.