Jim’s Quote of the Day:

“Everyone is waiting for the Fed’s November surprise. They are waiting for an announcement of a major new plan by the Fed to print up hundreds of billions of dollars. This is ‘quantitative easing,’ also known as ‘Bernanke as a drunken sailor on a spree.’ So deeply Keynesian are the nation’s financial analysts that they think this will be a great benefit to the economy.” – Dr. Gary North, The Daily Reckoning e-newsletter