Wednesday, June 24, 2009

FED ASSUMES ROLL AS MARKET TOUT...

THE FED WILL DO ANYTHING TO HAPPY TALK THE MARKET UP...

BUT THAT IS NOT NEW...OR NEWS...!

THE FED HAS BEEN THE ENABLER-IN-CHIEF OF THE LAST HALF DOZEN BUBBLES...

THE ONLY THING DIFFERENT NOW...IS THAT THE FED IS PROVIDING THE LOOTERS AND SPECULATORS WITH FREE MONEY...

BACK IN THE OLDEN DAZE THEY AT LEAST CHARGED AN INTEREST RATE TO THE SPECULATING CLASSES...

MARK THIS WELL...WITHIN THE NEXT FIVE YEARS...THE FED AS WE HAVE KNOWN IT WILL BE ABOLISHED...TOTALLY DISCREDITED...

AND SOMETHING ELSE WILL TAKE IT'S PLACE...PROBABLY WITH A MANDATE TO PROTECT THE "LOCAL ECONOMIES"...AND THE "LOCAL LABOR MARKET"...

THE FED SELL OUT TO WALL STREET AND INTERNATIONAL CAPITAL IS GIVING IT'S SWAN SONG EVERYDAY ....

IT'S CLEAR TO EVERYONE THAT "THIS ISN'T WORKING"...

NO MATTER HOW MUCH THE FED AND THE SHILLS TOUT THE MARKETS...AND HAPPY TALK THE ZOMBIE ECONOMY.