Speaking at a Bloomberg inflation meeting this morning, former St. Louis Fed official William Poole was quite vociferous in his concerns over current Fed policy noting that Bernanke paid too much attention to equity prices. He also noted that there is a risk of an 'astonishing rise in inflation'. *WILLIAM POOLE SEES RISK OF `ASTONISHING' RISE IN INFLATION *POOLE SAYS BERNANKE `PAID TOO MUCH ATTENTION TO EQUITY PRICES' But perhaps in antithesis of Trichet's 'You Can't Handle The Lies' moment this morning, this headline caught our eyes: *POOLE: BERNANKE NEEDS TO SAY FED CAN'T HEAL ALL ECONOMY'S ILLS This is on the ... (full story)