Correction: he does not explicitly say it, but watch his eyes closely. Also, the man is obviously insane: how can one "not be bullish on government transfer payments." Forsooth, government transfer payments have resulted in an increase of the S&P market capitalization by a few trillion bucks. It is YOU, Mr. Pento, who is the idiot for not believing that the fine upstanding Chairman of the Federal Reserve (and the United Printing Presses of America) will ever stop killing the US middle class at the expense of insiders being unable to sell their stock at what they obviously acknowledge are sky high valuations. If that means Robert Mugabe ends up hiring Tim Geithner as his right hand henchman sooner rather than later, it is truly our loss, Mr. Pento. Our loss.