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David, At the zero-bound and with QE-X (what are we on now, 3, 4?) barely denting unemployment and the output gap, it's fair to say that the Fed "toolbox" is rather weak since it works top-down through banks rather than putting money in the hands of workers who need it. I wouldn't mind the executive having more power, with Congress being as useless as they are with these ridiculous filibuster rules before even DEBATING a damn bill. It's disgraceful. - Chris Engel