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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: LTK007 who wrote (241396)3/18/2010 1:10:59 PM
From: GSTRead Replies (2) of 306849
 
The Fed is a convenient distraction at this point in time. By paying so much attention to the Fed, we occupy our minds with things that are not of decisive importance in the long run. Do you really think that FIAT money is the main problem in America today? I don't.

Having said that, I have no admiration for the Fed and think that the stench of corruption from Wall Street and Washington is so strong as to be toxic in its own right. Ok -- lets get on with a serious effort at cleaning out the crap and putting some of these clowns in jail.

But after the clorox has dried and the jails are full, we will still be faced with the reality of a nation in the throes of dismal decline -- because the Fed was never the central problem -- it was simply a sideshow, albeit one that provokes understandable disgust.
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