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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%4:00 PM EST

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To: TobagoJack who wrote (21812)8/31/2007 3:55:40 AM
From: energyplay  Read Replies (3) of 217906
 
I expect the home owner bailout will be expanded to take care of much of what will reset in 2008 and 2009, and also the Dems will increase the size of the loans considered to help their "blue state" friends.

What might Ben B do to "sterilize" or constrain this cash injection ? Which elements will be announced - to help the US Dollar, and which elements will be quietly done ?

I think FED might have be a message like "no fed funds rate cut September 18" or "maybe ONE rate cut and that's it"

Personally, I have to figure out if my mortgage is nearing default, so I can get bailed out too. ;-)
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