This will scare you to death- Fed wants

blackhole.

http://en.wikipedia.org/wiki/Blackhole

nothing is created in wall street.

it just sucks money from the public.
:)


Quote from kickboxers:

deregulation of the financial system since the early 80's just removed all the regulations that was put in place after the great depression.

like limiting risk by having less speculation and higher margins.

overleveraging results in higher market risk.

monopoly or market collusions in financial markets.

these guys at wall street thought they were given the license to print and make money.

there is no free lunches in wall street.

wall street is like blackhole...money goes in and very few leaves the place or leave alive. :)
 
Does this surprise anyone?

Congress is getting hounded by the general public for more oversight over Bernake & the Gang, so what does the Fed do?

They request more ability to oversee.

Bad times.
 
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