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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: TH who wrote (12528)	10/7/2008 2:08:03 PM
From: LTK007	Read Replies (2) \| Respond to of 71456

i don't know about CNBC . But on BTV the interviewer was badgering the former president of the Cleveland Fed, Lee Hoskins, to say Bernanke FAILED the markets by being low keyed and not being forcefully UPBEAT and Rah Rah positive. Lee Hoskins refused to concur, remarking he was impressed with his steady pace and speaking with candor. Regardless of my dislike for Bernanke's and Paulson methods, i was impressed that Bernanke was being as candid as he could without getting fired, as Paul O'Neill was fired for the crime of speaking candidly and not concedeing to pressure to boldly lie(A Bush Regime Policy--LIE and LIE some more). He did say the matter of inflation "remains ugly", and just tagged on that there are indications of moderation.Anmd he reminded comoditity markets are notoriosly volatile. Max P.S. Watch the price of Crude start to rise post election. Reports i am hearing is supply is running behind demand WorldWide now along with Bush has taken extraordinary actions by opening up the SPR AND also allowing refined gasoline to be imported. Once the dollar starts to slip again watch out!