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CNBC Mad Money September 13, 2012



with the dow soaring 207 points. s&p flying 1.63% and the nasdaq falling 1.33%. you don t want me to do something and i m not going to do it. i don t want to get too caught up in fedspeak to describe exactly what ben bernanke did today. some say it s qe-3. others say it s a continuation of operation twist. billions in mortgage bonds to be bought by the fed, pretty much guaranteeing for anyone who wants to do anything with borrowed money including buy, build, or fix up a house. not the way i play it. to me it s important to visualize what bernanke s doing. hence this ridiculous celebrity get-up. because i am a celebrity. you see, bernanke s been trying to get this economy hot enough to spur hiring and send unemployment down for ages. and so far he s had no luck whatsoever. what he needs to do now is light a fire under this economy. and these grills represent the stages of frustration of the fed chief. you see, he started with the kingsfords. but what did he do? initially ....

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