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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 454.39+6.4%Feb 3 4:00 PM EST

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To: carranza2 who wrote (30782)3/11/2008 5:42:52 PM
From: TobagoJack  Read Replies (2) of 220005
 
money god on e-mail thread wrote:

I have written, broadcast, and lectured that the Greenspan and Bernanke are setting up the Fed to fail just as have the first 2 central banks in America. It may happen even faster than I expected since they keep taking all this paper which will be worthless down the road. Is Bernanke now going out to start collecting delinquent mortgage payments and car loans?
Amazing that they may save Bear Stearns et al only to see the Fed fail.

I'd be delighted to see the central bank disappear BTW even if it meant saving a few in the private sector who should be failing too.
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