The political impact of the Fed's FOMC statement tomorrow and in OctoberSubmitted by fluffhead on Tue, 01/24/2012 - 18:07
Now just imagine the GOP nominee campaigning all summer on having the plan to turn around the economy via free market economics and then BOOM! the Fed serves up a nice thick brick of hopium to the Obama addicts and before you can say "hope and change" Obama is standing in a stadium in Ohio proclaiming, "Hope has returned to America!" The GOP nominee would be left trying to explain the finer points of monetary policy to the national voting public with just weeks or days to make the case while the country is bathing in mountains of freshly printed cash.
The fed could give Obama a boost throughout the year with their continued printing, but the big surprise could come in September or October with an announcement for a huge asset purchase program that would rally the markets for the few weeks Obama would need to coast to victory.