Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (72211)	1/24/2010 11:54:18 PM
From: RJA_	of 74559

>>#11: "Even if its free, you can always buy it cheaper." LOL!!! Thanks for that bit of humor. Unfortunately, with my level of subscription, I cannot send or reply to private messages, though I can read them. Yes, Volcker could be an issue. The overall level of debt may be too high for the 1980-81 interest rate run up to be used. Unless the fed surreptitiously buys all the debt, and then the interest would be paid only to itself, and then back to the treasury. Important to have a real fed audit, IMHO. Too bad Gregg and Dodd are against it. "Last November, Gregg said in a statement that "passage of the Paul Amendment by the House Financial Services Committee is a dangerous move by this Congress to pander to the populist anger currently directed against our central bank, the Federal Reserve."" I was not aware till now, that market manipulation was part of the republican party platform.

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