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

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To: Crimson Ghost who wrote (79101)2/18/2007 12:38:07 PM
From: John Vosilla  Read Replies (1) of 110194
 
'Conservatives profess to support free markets, without wage and price controls. Yet the most important price of all, the price of money as determined by interest rates, is set arbitrarily in secret by the Fed rather than by markets! Why is this policy written in stone? Why is there no congressional input at least?'

Yes the problem is lack of true conservatism left in this country. Wealth disparity has never been greater and the financial weapons of mass destruction running at full capacity. So either the dollar or Joe6ack must get trashed as a result. Guess which the elite will chose to protect first until the pain is too great?
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