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To: bcrafty who wrote (16472)10/12/2001 4:10:45 PM
From: marginmike  Read Replies (1) | Respond to of 209892
 
lets see where the COT is



To: bcrafty who wrote (16472)10/13/2001 12:01:51 PM
From: UnBelievable  Respond to of 209892
 
There Is A Concerted Effort On The Part Of The Government To Prevent Public Panic

It is known that many people look to the stock market when they attempt to measure the impact of different events.

So naturally the problem can be fixed by preventing the stock market from going down.

How great is the Anthrax threat? "Can't be that bad because after an initial panic the market shrugged it off."

How concerned are you about terrorists. "I'm not too concerned because the market is higher than it was before the attack."

The problems associated with "fixing" the smoke alarm rather than fighting the fire are too obvious to discuss.

I'm sure that when this activity becomes less deniable it will be rationalized by saying that the effort to "stabilize" the financial markets were not at the expense of fighting terrorism, and in fact the United States would not have been better served by unstable financial markets.

However, the reason that the markets are as unstable as they are now, is not because of terrorist activity but because stock prices still have no grounding in financial reality. A fact that is directly attributable to the exact same type of "corrective" intervention that has become the hallmark of the Federal Reserve under Allan Greenspan.

To give him the benefit of the doubt I would encourage Mr. Greenspan to think about the statement "The road to Hell is paved with good intentions". A more critical observer might be inclined to point out that Allan Greenspan is a knowing participant in one the greatest frauds ever undertaken to transfer wealth from the many to the few.