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


To: Giordano Bruno who wrote (282997)10/13/2010 10:25:33 AM
From: THRead Replies (2) | Respond to of 306849
 
TR,

Government buying? I didn't know there was a difference.

I wonder if Americans have the balls to riot and when. Will it take $4.50 gas and food up another 10%? I don't know, but the fact that there is zero public response to another round of ineffective and destructive Fed action tells me that the average moron does not yet get it.

Ben wants people to buy stuff now. With what? People are attempting to do the right thing and delever.

This is all so seriously wrong.

And where the hell are the bond vigilantes? I can't believe that anyone in their right mind would buy anything longer than a 2. You would have to have a backdoor deal to buy anything longer than this (like perhaps a steady stream of non-public "news" on official policy, ala Bill Gross).

This is just sick.

GT
TH