Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Freedom Fighter who wrote (127142)	4/17/2011 3:16:17 AM
From: Skeeter Bug	1 Recommendation Respond to of 132070

FF, look how smooth this curve has been for over two decades... market-ticker.denninger.net there were MAJOR swings in private credit, but the fed targeted that nice smooth curve. whenever private debt went up, the federal debt was lowered to target that parabolic move. guess when private debt skyrocketed? yup, during the tech bubble when government debt almost flat lined. when the private sector deleveraged, the fed leveraged up the federal government. note context, too... paulson was out saying the economy was excellent knowing full well it was all credit bubble based. the bernank was out saying how solid everything was as credit growth started approaching vertical to GDP growth. a 5th grader knows that wouldn't be sustainable. its all a scam by the insiders who have captured their regulators and the government. these guys just lie and lie and lie and there is never any accountability. people like nadine make excuses for them, which is essentially cover to keep on looting some more. look how smooth that credit growth is... oftwominds.com that's no accident - the fed targets it and they know exactly what they are doing. they also know that credit can't grow forever. that's when the asset stripping operation begins in earnest. as for this being some kind of failed philosophy - not this. greenspan and the bernank were all about free markets and deregulation. that was their philosophy - or so they sold to us. but when TSHTF, their philosophy went out the window. they bailed out the bad actors - which was never sold as part of their philosophy. this is absolutely malice, not some "dumb mistake" that enriched all the insiders at the expense of everyone else. you see, the only philosophy that matters is to enrich the insiders who have gamed the system - any other alleged philosophy is tossed to the way side as fast as needed to keep enriching the insiders. that's what so many people don't want to get.