Fed stimulus a regular Viagra for stocks

Stimulus is like sin. It’s too popular to be abolished.

At least as far as the Federal Reserve is concerned.

The Fed, white-knuckle worried that high unemployment and sluggish economic growth have us hell bent to run off a fiscal cliff, hit the economy with a double-shotgun blast of stimulus today.

That hissed off the Republicans and Team Romney but absolutely thrilled the stock market.

The Fed announced a new round of bond buying and put that on steroids by basically leaving the program open-ended.

If that weren’t enough, the Fed and Big Ben doubled down by stretching out their promise to keep short-term interest rates near zero at least through mid-2015.

Damn the risk of runaway inflation! It’s full speed ahead with the pedal to the medal!

Barack Obama sent Big Ben flowers. Mitt Romney sent Big Ben poison ivy.

Wall Street sent Big Ben a box of Cuban cigars.

The twin-pronged stimulus catapulted stocks to their highest levels in five years.

Memo to my butler: Serve champagne and caviar tonight with the filet mignon.

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