IF BERNANKE IS GOING TO LOWER RATES UNTIL ALL RISK IS OUT OF WALL STREET SPECULATION... WE ARE FUCKIN' DOOM!!
THE FED WOULD HAVE TO PRINT MONEY DAY AND NIGHT FOR YEARS...TO COVER ALL THE DERIVATIVE RISK...AND VIRTUAL MONEY CREATED BY THE SPECULATORS!!
DOES THE FED HAVE TO "FUND" EVERYTHING THE ASSHOLES ON THE STREET COME UP WITH...!! WE ARE DOOMED IF THAT'S THE CASE...
BUT TO READ THE PUNDITS YOU'D HAVE TO CONCLUDE THAT THE FED'S JOB IS THE COMPLETELY ELIMINATE ALL RISK OF LOSS TO THE SPECULATING CLASSES...
WHY?
WELL BECAUSE IF THEY "FAIL" BAD THINGS WILL HAPPEN TO THE ECONOMY!!
BUT IF THE FED TRIES TO PRINT ALL THE MONEY WALL STREET IS DEMANDING TO BAIL OUT THE EXCESS SPECULATION...THE DOLLAR IS DOOMED...AND THE US ECONOMY IS FLUSHED DOWN THE TOILET...
UNLESS AND UNTIL THE FED STANDS UP TO THE WALL STREET TOUTS THE US ECONOMY WILL REMAIN ONE SICK PUPPY IN THE WORLD ECONOMY...
YES, I KNOW YOU'D THINK THE ELITES WOULD SEE THE "OBVIOUS" COMING...
BUT "THEY" MISSED IT IN IRAQ TOO...SO DON'T BE SO SURE THESE PEOPLE "KNOW WHAT THEY ARE DOING"....! THE ELITES HAVE A VERY BAD TRACK RECORD OVER THE LAST MANY YEARS...!!
