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


To: TH who wrote (16012)4/8/2011 2:01:32 AM
From: Skeeter Bug4 Recommendations  Respond to of 119362
 
>>And as figurehead, we are going to want his head, on a platter.<<

that's actually why the Fed exists, so the people at the very top don't have to take the heat.

i was watching a BBC production on Hitler. towards the end, it told how the mussolini's reign ended. the italian ROYAL FAMILY called him into their palace, told him the people were losing confidence in him and had him arrested as he left the palace.

so who was *REALLY* in charge and "made the trains run on time?" mussolini (taught in schools) or the ROYAL FAMILY?

these people are connivingly cunning.

if we toss "the bernank," but the people who control him stay rooted in power, do we really think anything will get better?

yes, its crazy.

it is really simple. the fed lies about its mandate to keep credit in line with the nation's productive capacity so that it could take credit parabolic to the nation's productive capacity and blow the largest credit bubble in history of humanity.

Mandate:
federalreserve.gov

Parabolic Debt:
market-ticker.denninger.net

of course, every bubble ends in a bust that is basically inversely proportional to the size of the bubble - i know of zero historical examples where this didn't occur.

so blowing the bubble necessitates creating a bust.