“There will be no Fed selling of MBS for at least 24 months”

"Presumably most Doomers have long since figured out that we're in the opening months of the long depression that must inevitably follow Ye Olde Panicke of 2008. Krasting is following the important articles by WSJ's Jon Hilsenrath, and in the process is sketching a picture as to how this circumstance will be hidden from the sheep until the 2012 Presidential election cycle is complete."