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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: MythMan who wrote (399111)1/6/2010 6:03:47 PM
From: Real Man  Read Replies (1) of 436258
 
The bears are nuts, and this is quite a U-turn. The sounds are
different. Sure, the Fed is manipulating housing, but there is
no evidence they are buying stocks -g-

BTW, what happened to hilo Ben? Is he turning tough?

online.wsj.com

"We must be especially vigilant in ensuring that the recent
experiences are not repeated," Mr. Bernanke said in a speech
Sunday at the American Economic Association's annual meeting
here. Better regulation is his first line of defense against
future crises. But the Fed also needs to "remain open" to using
the blunt tool of higher interest rates to avert or pop future
asset bubbles, Mr. Bernanke said.
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