The Epic American Credit and Bond Bubble Laboratory Message Board

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

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To: Paul Kern who wrote (93944)	5/2/2008 7:22:42 PM
From: patron_anejo_por_favor	Read Replies (5) of 110194

The credit card and auto loan thing was beyond nuts, a new low for any central bank, much less the one that presumes to be the protector of the world's "reserve currency". Whatta joke! "Windysurf" on Capitalstool.com has long joked that everything with a cash flow attached had gotten securitized, including the "Breast Augmentation Mezzanine Class I trust". If he's right, the Fed will prolly start accepting those, too! They don't get that speculators (some of them, anyway) must die to act as fertilizer for the next round of financial growth. Keep them all going and yer setting up the fiancial inferno that will dwarf all other crises, and for what? So that we may continue to run up credit card debt? F*ck the Fed, I'm Fed Up!

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