KUDLOW FOR FED CHAIR: HALLELUJAH Greenspan cut rates finally to under OPEN CARRY, your local banks can now grow the money supply to prop up local business and bail us out of the high unemployment and start the economic recovery in earnest. Another prediction made true, now everyone say after me: Larry Kudlow for Federal Reserve Chairman. Greenspan hiking rates throughout 200 was unprecedented, un-needed, and imho he is still an economic war criminal. Cutting rates from over 6% to under 2% to 1.75-1.50% proves he is chasing a depression that he caused, also known as the 2nd Greenspan induced recession. Now as always, it is up to US, the US invetor and small and medium sized businesses to rebuild America and the American economy. We will not forgive nor will we forget his incompetence. Lower rates now is the least he can do, that is why he is doing it.
Anyway, the recovery can now finally happen, all the other rate cuts were meaningless untill we achieved OPEN CARRY with Fed rates below 2 year treasury rates to permit Banks to borrow and buy Treasuries, and use them while they guarantee the payback of the borrowed fed funds as RESERVES, loosening cash to loan out to spur the economic recovery. I agree...HALLELUJAH. I am buying storage and PDAs, more EMC, More PALM, to add to my NTAP and HAND.
I am,
Truly your$,
-Crystal Ball |
