As a GP commentor once put it, “The stock market relies on confidence, and the stock market has done incredibly well since Obama took over. How do you explain that?”

A picture is worth a thousand words:

But here’s the summary. Fed pumping gobs of money into Wall Street? Market drifts upward. Fed stops pumping? Market doesn’t. The so-called “confidence” is drug-induced.

Hat tip: Zero Hedge

UPDATE: This is your town, on food stamps. Once per month, the town of Woonsocket, RI springs to life as residents receive (and spend) their benefits. The Obama administration has more people on food stamps than any in U.S. history: