I'm pissed off!

Everyone is saying that the recession is over. That must mean that the economy is ready for interest rates to return to their (non-manipulated) historical levels of 7-9%? We've gotten so used to cheap money that we now take it for granted. My assumption is that the Fed cheerleading is getting so intense because they've run out of 'silver bullets' and their warchest (and credibility) is wearing thin. I will be shocked if they actually stop buying bonds in October...

Not buying it.