Have You Ever Had Jury Duty?

I have, after trying to weasel my way out of it with more then a couple sarcastic remarks to the State prosecutor, I was selected. On a side note, the woman was convicted of DUI when there was camera evidence she clearly wasn't drunk-it was based on the arresting officers testimony that "I thought I smelled liquor on her breath" which in Florida is not a crime unless it surpasses a threshold of your blood alcohol limit. I was shocked she was convicted.

In any case, Jeffrey Lacker from the Fed is like it's 2011 versions of the alternate juror, he doesn't have voting rights unless someone else can't vote. Interestingly though he did come out as some other recent strange comments from the Fed have surfaced in the last week, and said the QE2 needs to be "Seriously" re-evaluated.

I can't quite figure out if the Fed is the boys club and these kinds of comments are orchestrated or whether there's true independence of thought there? However in the case of the former, this may be a first or second signal from the Fed that QE2 may make it until it's planned survival date. This may have something to do with Ron Paul who could easily show the Fed has not maintained any political independence and that QE2 or QE1 has not had the impact that we were sold on. Bang for the buck, it's a dismal failure, but it serves one purpose, and that is a political purpose being that China and other countries haven't been interested in our auctions of T-bills for sometime. The Fed is the backstop which allows the government to keep spending. Should Rand Paul's proposed changes to the government take hold and should the debt ceiling not be raised (about 0 % chance of that happening) it would almost immediately get rid of the need for the Fed's widespread purchases.

Listen to the nuances that come from Fed speakers, just in case the former is true.