Any other comments needed ?
Plunge Protection Team in action
- Thread starter ASusilovic
- Start date
Any other comments needed ?
Bush will propose something for the common folk and something to keep the lenders happy. He will keep his word to the lenders and the folk.... well after the election they will no longer count. until then there is going to be a committee formed to study and recommend solutions ect. ect. The bankers and wall street will get the real deal and the corporate welfare .....I mean economy will live to make profits for another day.
Quote from ASusilovic:
Any other comments needed ?
if the federal response on this is as good as their track record then this lame repsonse will last just over the weekend.
cheese. just pure cheese.
Many are convinced the Fed is going to start easing....but what if the crowd is wrong.......what if Bernanke holds his ground and lets the financial markets get what's coming to them?
Which is to work out all of the excesses. It will require pain, losses (both on the institutional and retail side), and long term effects. But if we want to get everything back on track, there needs to be a serious repricing across all markets (equities, fixed income, commodities real estate etc) .....its comeupance time.
Maybe, just maybe, this Fed Chairman is NOT going to be like Greenspan. Maybe he will actually make the players take the hit they NEED to take, and NOT get rescued. That statement this morning was along those lines. Let's see if he, and the rest of the Federal Reserve Committee, have the fortitude to stick to those words.
Which is to work out all of the excesses. It will require pain, losses (both on the institutional and retail side), and long term effects. But if we want to get everything back on track, there needs to be a serious repricing across all markets (equities, fixed income, commodities real estate etc) .....its comeupance time.
Maybe, just maybe, this Fed Chairman is NOT going to be like Greenspan. Maybe he will actually make the players take the hit they NEED to take, and NOT get rescued. That statement this morning was along those lines. Let's see if he, and the rest of the Federal Reserve Committee, have the fortitude to stick to those words.