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Politics : Welcome to Slider's Dugout

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From: SliderOnTheBlack	7/21/2005 10:46:22 AM
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Greenspans Message to the Oil & Nat Gas Markets.... Oil turned on a dime from $60 of late, when Greenspan first publically commented that Oil Prices were now finally, having a negative impact on the US Economy. That was a "message" to the Market Fix. Today he is talking down Natural Gas... The use of Oil Prices as a "vehicle" (more PC term than Economic WMD) to strong arm China into re-pegging and adopting more US friendly policies has been masterfull... literally taking the US Economy to the brink, then allowing Oil to retrace... and pumping bogus positive US Economic News to reinvigorate US Consumer confidence... then stepping on the "Gas Pedal" (literally) once again ramping Oil up...raising the pain meter on China to Re-Peg etc. As Oil Prices always take time to feed thru the US Economic System...the behind the green-curtain US Economic picture is evidently not a pretty one and the foot must now once again be eased off the "Gas Pedal"... Free Markets are now an Oxymoron. The degree of Intervention & Manipulation in the Global Economy has reached a level that is literally stupefying.. Now Greenspan is trying to sell the Humphrey Hawkins audience on the idea that the "efficacy" of the message transmitted via an Inverted Yield Curve has deteriorated and is now irrelevant. ........I've heard it all now. That must mean that an Inverted Curve is right around the corner. Greenspan is truly a Political & Economic Sociopath.

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