Quantitative Easing Announcement Triggers Buying Frenzy: Bernanke's Head Fake Sends Stocks Soaring

"Indeed, while the dwindling middle class faces deeper budget cuts and tattered safety net programs, the rich have never had it so good. And much of the credit goes to Ben Bernanke and his bond buying program, QE.

"As economist Anthony Randazzo of the Reason Foundation wrote last year, QE 'is fundamentally a regressive redistribution program that has been boosting wealth for those already engaged in the financial sector or those who already own homes, but passing little along to the rest of the economy. It is a primary driver of income inequality.'" ("Druckenmiller: Fed robbing poor to pay rich," CNBC)