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

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To: Think4Yourself who wrote (103730)	6/24/2009 12:31:34 AM
From: TH	11 Recommendations Read Replies (3) of 110194

JQP, <You give Bernanke WAY too much credit. The government/banker types are very elitist and arrogant. To think he would be rational, admit his mistake, and make a major course correction, is just plain crazy.> Ok, but maybe I didn't make my point clearly enough. I'm saying that it does not matter if it is Ben making a choice, for there may be no choice. At some point, and I think it is soon, the demands of funding trump the whims of Ben. I also think Ben is a very clever scumbag and will play hawk for a little bit if that is the only option on the table. If the Dollar starts to absolutely crash and bid stop on Treasuries, do you really think Ben is going to keep fiddling while the joint burns? As for giving Ben credit, I've watched that asshole game the market every chance he gets. August 17, 2007 before the market open convinced me he has a market agenda. As I've said before, I hope in my lifetime to see the masses figure it out and when they do, I hope there is rope involved. GT TH

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