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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (241317)	3/18/2010 1:03:28 AM
From: GST	Read Replies (1) \| Respond to of 306849

No I am not kidding -- the Fed is NOT the central reason why the US is in rough shape and headed for worse. The Fed is a witch doctor that lines the pockets of certain elites -- I don't doubt that for one second. But the Fed is not the primary cause of our sickness and has no power to heal -- just like all witch doctors. The Fed did not bring the US economy down to its knees over a multi-decade period of time and the fed could not reverse the decline even if it wanted. The Fed can, and obviously already has, robbed and raped at will -- but it is no more the cause of our decline than a vulture is the cause of death in the desert. The current account deficit is the primary barometer of US economic decline -- and the Fed plays a secondary role in this deficit. If you look at the US in anything other than this global context you are looking at the world through a straw.