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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (1834)	8/29/2014 11:01:23 AM
From: the traveler	2 Recommendations Recommended By Kirk © toccodolce Respond to of 26596

Kirk i agree with you completely regarding the Fed preventing another great depression. A big problem with about any discussion of the pros and cons of the Fed is that probably 95% of the American people (any probably more) do not have the slighest notion what the Fed is or what it does and why. Don't get me wrong though, no one dislikes the Fed or believes it is more corrupt than I do. However, given the circumstances in late 2008, I also have no doubt that Fed action prevented a depression. Now the real tricky part is understanding the what, why, and who that led to such dire conditions in the first place. roflol

To: Kirk © who wrote (1834)	8/29/2014 11:07:40 AM
From: GROUND ZERO™	1 Recommendation Recommended By toccodolce Read Replies (1) \| Respond to of 26596

Crony politicians like barney fwank and dodd the dud, obama and clinton caused the banking crisis in the first place... if they hadn't meddled into the private banking business in the first place, then you wouldn't have needed the FED to prevent anything... the government created the problem and then the FED attempted to undo that problem... Keep government out of everyone's life and everyone would be far better off... GZ