And the stock buy backs are inflating the stock market. This in turn is causing Obama to wrongfully generalize that the 99% are also doing well.
Worse still, when you got a Corporation where the rich Executives no longer have any “skin in the game” that Corporation is much more likely to sign bankruptcy. For instance, because of poor sales due to uber low aggregated demand by the Little People. In a sense, the QE program is allowing the rich to prepare for a comfortable$$$ bankruptcy by their firms.