Boston Fed President Eric Rosengren: Doesn't quite make an aligned trio with fellow Fedspeakers, as he favors aggressive policy and urges colleagues to be open to QE. "We do have options" despite pushing rates to the zero bound. Remember the goal of asset purchases: stimulating the economy by reducing long-term rates to where they would be, if the fed funds rate could be cut further.
Here's why the "recovery" feels so much like a depression, according to Mish Shedlock: When you take away government spending from GDP, it's clear that there's no real recovery at all, just more government spending and debt.