Whoa!

Sarge

Member
Joined
Oct 7, 2007
Messages
6,507
And Ben wants them or us to take on more toxic loans?

http://money.excite.com/jsp/nw/nwdt_rt_top.jsp?news_id=ap-d8v2tba01&

These people have lost it, in thinking this is not going to crash.

The Fed is panicked, and has no more clue in reading the crystal ball then anyone else on this board.

Ben was covering for the Fed big time today, saying it could get better, it could get worse, it could, it could, it could, it can, it could, it might.

Well it will, if they try and take on more toxic loans, that the banks are trying to dump on us.

I just want to scream at the idiots. I worked all my life, to see it end like this, with these idiots on board.

Dr. Paul is the only one who has seen this coming, and keeps on trying to tell them what is going to happen. It is not going to be pretty IMHO.
 
Yup. I agree. They're crazy if they think more inflation will fix an inflation problem.

Thing is, they know it won't fix it. They are just hoping to shore up consumer confidence.

Unfortunately though, inflation hurts consumer confidence in the long run. So in the end, I believe they are just making our fundamental economic problems that much WORSE.
 
The markets will crash, when the market can no longer accept the fake money being printed.

Take a look at the decline in the dollar today and the spike in gold and silver. Gas new high.

They big boys are controlling this to be on top, when it all hits the fan.

I am a 69 year old investor, and I can see the hand writing on the wall.

I have never in all my years seen anything like this in my life.

You might want to consider, why the traders were cheering at what Dr. Paul said today.

They know he is right.

If the Fed takes on more Junk loans, it is going to happen faster. Hold your breath!

All just my opinion.
 
Well they're trying to get more Private investment and encourage borrowing to boost GDP growth. But as the saying goes:

"you can lead a horse to water but you can't make him drink"
 
Back
Top