Will Bernanke's Speech Crater the Market?
- Thread starter TT1
- Start date
We'd be better off with Al Davis running the Fed.
Great.
Idiot #1 spoke, and now Idiot #2 is speaking.
Are they going to have Paulson speak next?
Are they trying to crash the market?
Idiot #1 spoke, and now Idiot #2 is speaking.
Are they going to have Paulson speak next?
Are they trying to crash the market?
"Don't worry, be happy. Most illustrious president Bush said the problem is not a US problem - it is a world problem."
It was not the fault of the US, nor the fault of the Bush administration - it was a world failure. Don't blame Bush, please...
"Leave Bush alone!"
-Chris Crocker
101 Feel-Good guaranteed with Xanax.
It was not the fault of the US, nor the fault of the Bush administration - it was a world failure. Don't blame Bush, please...
"Leave Bush alone!"
-Chris Crocker
101 Feel-Good guaranteed with Xanax.
You run around here acting as if your Perma-Dove Call was right all along.
When in fact, that low-rate policy created this whole fuck up, to begin with.
They should have raised and crashed back in 05. There was no choice. This outcome is certainly better, eh?
DOW at what? 9K and falling?
The longer rates are held at retarded levels, the higher the leverage, the more the excesses and the deeper the losses/bankruptcies when the music stops.
If Bernacke had raised when he should have, a lot of the severity - we have yet to see - could and would have been avoided.
Would it have been a cake walk? Of course not.
No recession is. But raising would have produced far more desirable results than we're about to witness.
Just getting started, as they say.