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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: bart13 who wrote (70693)9/30/2006 7:33:22 AM
From: russwinter  Read Replies (1) of 110194
 
Wow, and good work! I've always felt there was market correlation with these OMO and TIO operations, but I'm rather surprised by the TIO part of it. I've been reverting back to just watching perm and temps, and that's gotten dull actually.

But logically it makes sense when you realize these can be very large, below even t-bill rate loans to the Pig Men. Here on Sept. 28, the favored Boyz get an $11 billion loan for 5.067%.
fms.treas.gov

Just one week earlier, the Treasury had sold six month bills for 5.116%. Perhaps let's call a spade, a spade? Another shoody, slimy operations to line plutocrats pockets at the expense of taxpayers, and manipulate the markets at the same time?

The fact that the Treasury would allow TIOs to get up to $60 billion suggests one of two things: 1. they are inept at managing tax receipts and financing requirements 2. they are overtly running a backdoor and corrupt "subsidy" (translated scheme) for the benefit of Pig Men.
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