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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (6757)	10/24/2007 10:14:07 AM
From: jim_p	Respond to of 50730

I have a feeling the strings are being pulled more by Paulsen vs. Bernanke, but in the long run inflation will win out and interest rates will rise. Everywhere you look inflation keeps creeping higher despite the games being played by Paulsen and company. Most of these CDO’s etc are held by the money markets. So, what happens the first time a big money market fund breaks the magic buck? I don’t like fighting the fed with Paulsen pulling the strings, but added to my shorts yesterday. Jim

To: SliderOnTheBlack who wrote (6757)	10/24/2007 2:19:55 PM
From: roto	Respond to of 50730

i'll make my observations brief. it seems as if the Fed takes it in the ass for every administration miscalculation that occurs. the fiscal problem(s) are of republican administration(s) origins since the early 80's, as in 'increased government spending, reduced taxations' or aka..get 'government off our (business's) ass', highlighted by the sh*tcanning of regulatory practices, aka 'savings & loan fiascoes' of the late 80's & todays 'subprime loan' equities. remember the 2000 campaign promise of reduced taxation? was that fiscal sanity? the national debt was supposed to be paid down by 2012. the fed is merely dancing to the administrations music but it is only the Feds who are on the public dance floor. maybe the Fed should stop the music & be chastising administration behavior and/ or congressional prolificness...maybe a Hollywood production crew to choreograph the Fed news releases in an effort to get the ignorant public, as most Americans are, aware. unfortunately, grand presentations of conflict are not a Fed custom.