Did the Federal Reserve really help the economy, especially main street, when they announced QE3? No, but they certainly helped Wall Street.

Everybody is getting all excited about the Federal Reserve's declaration of QE3. My reaction of the announcement was, it won't help much and it's more trickle down policy with the money going to the 1% while the 99% hope to get trickled on. Let's see why it was good for Wall St., but not so much for Main St. below the fold.