Hi CB, <<And tell them what, pray tell?>>
I suppose davidd could mean something along these lines:
Quote Dear Representative, I strongly urge you to exercise influence on the FED to use everyone's money to buy stocks and bonds on open market. This is a perfectly acceptable way out of the present economic emergency, is patriotic, and also done without apparent harm in Malaysia, Indonesia, Thailand, Korea, Japan, and other popular democracies with political dynasties, cronies, and such, and is done in the freedom rock Chinese enclave of Hong Kong, as well as communist China.
I recommend that the purchases be particularly concentrated on the companies listed on the attachment (see attachment A).
While you are at it, also make sure the FED announces termination of the 30-yr treasury program, unless this initiative is already in the works.
But hurry.
Sincerely,
A babyboom voter for the good life who runs a derivatives hedge fund focusing on yen & gold carry trade bond plays, has big house and larger mortgage, no savings, but two SUVs Unquote
Chugs, Jay |