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To: Return to Sender who wrote (56820)7/10/2012 9:31:28 AM
From: The Ox1 Recommendation  Respond to of 95738
 
It is critical that the FED telegraph their moves well in advance. I couldn't agree more that raising rates too fast would put us in an even worse situation. I still believe that we've had super low rates for long enough.

I don't agree with your view of the FED's mandate. I truly believe it has very, very little to do with the stock market and is much more simple. They want to continue to allow their best friends, the large banks, to make easy money at the expense of everyone else. Borrow billions at 0.25% and then instantly get "free money" by buying bonds or other interest rate paying investments.

OK. We understood why they started this. But enough already.... This policy has everyone frozen in place. No one is investing in the long term. Banks are failing to lend in this environment and who can blame them. It must stop.

JMO

TO