Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (56177)	11/8/2001 10:28:22 AM
From: Real Man	Read Replies (1) of 94695

I personally think the Fed is a criminal, the way they handled the bubble and the way they handle the crisis. Quite a bit of manipulation here. The most blatant one is in their recent 30-year bond cancellation to prop up long-term rates and get more cash from the GSE. They will be more than happy if the bubble reinflates, with even greater structural distortions. Unfortunately, this mountain of old and new debt will later lead to total destruction of American economic system with possible political unrest.

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