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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (83592)11/24/2008 5:53:09 AM
From: Real Man1 Recommendation  Read Replies (1) | Respond to of 94695
 
Cause the politicians are bought by the banks. The Fed is by
definition an organization that helps the banks. They are owned by the
banks, and are BS-ing the politicians. The bailouts go to
the friends of Hank. Goldman, and whoever else that might be.
I guess the automakers are not friends of Hank.

Why do you think the derivative bubble and the shadow
banking got as big as it did?
Cause the Fed has always guaranteed it, and continues to
do so. It simply cannot go away without compete and total
systemic meltdown. The market has to take out the Fed,
or the Fed has to destroy the country by printing.