Thursday, April 30, 2009

FED TOUTS STOCKS...

IF THE FLU FADES AWAY THIS SUMMER...THE DEPRESSION IN THE ECONOMY WON'T...

UNLIKE THE FLU WHERE GOVERNMENT IS RESPONDING PROPERLY... IN THE ECONOMY GOVERNMENT IS ACTING AS THE "ENABLER" IN CHIEF OF THE ANOTHER ASSET BUBBLE...

THE NOTION THAT BERNANKE'S "ROLE" IS TO TALK UP STOCKS...AND BE A VECTOR FOR CONTINUED "DEBT INFECTION"...AND NOT STICK TO SOUND MONETARY POLICY IS JUST NUTS...

THE US ECONOMY HAS BEEN IN BED WITH THE "ASIAN FLU" FOR DECADES...AND NOW THE ENTIRE SYSTEM SEEMS TO BE SHUTTING DOWN...

JUST HAPPY TALKING... AND DOING "ODD BALL" MONETARY POLICY MOVES IS A DESPERATE "HAIL MARY PASS" THAT COULD BE LEADING UP TO A DISASTER...

WOULD THAT THE FED HAD BEEN AS QUICK TO STOP THE ASSET BUBBLES AS THE
PUBLIC HEALTH POLICY MAKERS WERE TO STOP THIS RECENT FLU OUTBREAK...!