9 replies to this topic

[nimblebear]

What are they afraid of ? Isn't the economy strong as Bush said ? Isn't the gloabl economy booming ? Why did they see it so necessary to "inject" billions into the system ? Why do they want to bail out these idiots ? I think everyone knows the answers but nobody is willing to admit it. Nobody can ever handle the truth. They can't just let the markets run their course. The always have to intervene and interfere. WTF do they know ? As Cramer vehemently said : THEY KNOW NOTHING ! If Cramer is right then they shoudl stay out of it. NO RATE CUTS. NO INTERVENTION. NO INJECTIONS ! How can you even trust the charts and TA when you know its all being manipulated by the FED ?Its artificial. Its fake. Its a mirage. You know why they do this ? Because they are ALL a BUNCH of GUTLESS WIENIES ! They are afraid ! These men shouldn't be running this stuff. People with cancer have the courage ! They face the truth every single day ! Moms with kids have courage. Day in and Day out 24/7/365 they are there for their kids. The miners who mine coal for this nation, to keep it running. They have real courage. The policeman, the firemen and on and on. BUT These "men" (used loosely) in our government, are the people causing the problems. The easy money policies led to more and more risk taking, and even worse decisions. If they just would have had the guts not to keep lowering rates, and let the markets play out, we might not be seeing the highs we have, but I firmly believe companies,citizens, workers, the economy would be 10 times stronger than it is today, and with a more sustainable future. Everythings built on the easy money policies, the tremendous gains, the wealth acceleration, the hosuing appreciation simply isn't/ and wasn't sustainable. So now they are at a day of reckoning again. Now they are forced AGAIN to lower rates. To put more injections into the system like LTCM. Why ?. Because they are gutless. They know nothing, and worse haven't learned one darn thing. If this were a true democracy we could run them out know, and bury them. And get people in there who face the truth. People who have guts and courage. The hedge funds are another story. Many will likely implode of their own accord. I'm not worried about the managers either. They've made their fortunes, and can easily move on. Whether they are crooks is a matter of opinion too. but if they didn't have the easy money, They likely wouldn't have been as leveraged as they are today. When people criticize the President, they are venting about the wrong guy IMHO. The markets don't hang on his every word, like they do the Fed's during/after every meeting. Fed's ! Let the markets work ! Keep your mouths shut. and don't intervene.

Edited by nimblebear, 11 August 2007 - 11:42 PM.

[denleo]

FED was created to intevene!!! It was created to manipulate liquidity in order to provide price stability. They have no other objectives. They are far from perfect. When they see a bubble, they try to stop it gently. When it bursts, they try to make sure that problems, which created by bursting is not systemic. THIS IS THEIR ONLY JOB. It is called Federal Reserve. Reserve is a key word. They provide from the reserve any time they think it is needed. There is nothing wrong with that despite mistakes that occur. Denleo

[pdx5]

Well said nimblebear


This credit bubble would never have happened if Greenspan did not
panic into lowering rates below 40 year record.

However at this juncture I am glad to see the Fed has its tit in the
wringer. Drop rates and dollar plummets and inflation rockets up.
Raise rates and housing goes into depression era mode.

Other than monkeying with interest rates, the other weapon Fed
has is to sell credit. What a brilliant idea! Cure the credit bubble
with more credit!

I hope there will be a serious congressional investigation into the
Fed's M.O. when the credit bubble fully deflates as it must. The Fed
can keep postponing the inevitable but they are powerless to stop it.

[kc135a]

What are they afraid of ? Isn't the economy strong as Bush said ? Isn't the gloabl economy booming ?

Why did they see it so necessary to "inject" billions into the system ? Why do they want to bail out these idiots ?

I think everyone knows the answers but nobody is willing to admit it. Nobody can ever handle the truth. They can't just let the markets run their course. The always have to intervene and interfere. WTF do they know ? As Cramer vehemently said : THEY KNOW NOTHING ! If Cramer is right then they shoudl stay out of it. NO RATE CUTS. NO INTERVENTION. NO INJECTIONS !

How can you even trust the charts and TA when you know its all being manipulated by the FED ?Its artificial. Its fake. Its a mirage.

You know why they do this ? Because they are ALL a BUNCH of GUTLESS WIENIES ! They are afraid ! These men shouldn't be running this stuff.

People with cancer have the courage ! They face the truth every single day ! Moms with kids have courage. Day in and Day out 24/7/365 they are there for their kids. The miners who mine coal for this nation, to keep it running. They have real courage. The policeman, the firemen and on and on.

BUT These "men" (used loosely) in our government, are the people causing the problems. The easy money policies led to more and more risk taking, and even worse decisions. If they just would have had the guts not to keep lowering rates, and let the markets play out, we might not be seeing the highs we have, but I firmly believe companies,citizens, workers, the economy would be 10 times stronger than it is today, and with a more sustainable future. Everythings built on the easy money policies, the tremendous gains, the wealth acceleration, the hosuing appreciation simply isn't/ and wasn't sustainable.

So now they are at a day of reckoning again. Now they are forced AGAIN to lower rates. To put more injections into the system like LTCM. Why ?. Because they are gutless. They know nothing, and worse haven't learned one darn thing.

If this were a true democracy we could run them out know, and bury them. And get people in there who face the truth. People who have guts and courage.

The hedge funds are another story. Many will likely implode of their own accord. I'm not worried about the managers either. They've made their fortunes, and can easily move on. Whether they are crooks is a matter of opinion too. but if they didn't have the easy money, They likely wouldn't have been as leveraged as they are today.

When people criticize the President, they are venting about the wrong guy IMHO. The markets don't hang on his every word, like they do the Fed's during/after every meeting.

Fed's ! Let the markets work ! Keep your mouths shut. and don't intervene.

Politicians live for only two reasons .....

1) Get elected
2) Stay elected

They will do everything they can to guarantee those two objectives.

I think most people can connect the dots .....

KC

[Rogerdodger]

I think it is easy to forget what was going to happen after 9/11 without some government intervention. The markets were already suffering from a dot.com bubble burst. I have marveled at how well they have held things together. Much of the world is seeing unparalleled prosperity which is causing it's own growing pains. It seems to me that now we will find out if the fears are worse than the reality. Some only see the dangers, some only see the opportunities. I prefer a bit of balance.

Edited by Rogerdodger, 12 August 2007 - 12:43 AM.

[DonBart]

What are they afraid of ? Isn't the economy strong as Bush said ? Isn't the gloabl economy booming ?

Why did they see it so necessary to "inject" billions into the system ? Why do they want to bail out these idiots ?

I think everyone knows the answers but nobody is willing to admit it. Nobody can ever handle the truth. They can't just let the markets run their course. The always have to intervene and interfere. WTF do they know ? As Cramer vehemently said : THEY KNOW NOTHING ! If Cramer is right then they shoudl stay out of it. NO RATE CUTS. NO INTERVENTION. NO INJECTIONS !

How can you even trust the charts and TA when you know its all being manipulated by the FED ?Its artificial. Its fake. Its a mirage.

You know why they do this ? Because they are ALL a BUNCH of GUTLESS WIENIES ! They are afraid ! These men shouldn't be running this stuff.

People with cancer have the courage ! They face the truth every single day ! Moms with kids have courage. Day in and Day out 24/7/365 they are there for their kids. The miners who mine coal for this nation, to keep it running. They have real courage. The policeman, the firemen and on and on.

BUT These "men" (used loosely) in our government, are the people causing the problems. The easy money policies led to more and more risk taking, and even worse decisions. If they just would have had the guts not to keep lowering rates, and let the markets play out, we might not be seeing the highs we have, but I firmly believe companies,citizens, workers, the economy would be 10 times stronger than it is today, and with a more sustainable future. Everythings built on the easy money policies, the tremendous gains, the wealth acceleration, the hosuing appreciation simply isn't/ and wasn't sustainable.

So now they are at a day of reckoning again. Now they are forced AGAIN to lower rates. To put more injections into the system like LTCM. Why ?. Because they are gutless. They know nothing, and worse haven't learned one darn thing.

If this were a true democracy we could run them out know, and bury them. And get people in there who face the truth. People who have guts and courage.

The hedge funds are another story. Many will likely implode of their own accord. I'm not worried about the managers either. They've made their fortunes, and can easily move on. Whether they are crooks is a matter of opinion too. but if they didn't have the easy money, They likely wouldn't have been as leveraged as they are today.

When people criticize the President, they are venting about the wrong guy IMHO. The markets don't hang on his every word, like they do the Fed's during/after every meeting.

Fed's ! Let the markets work ! Keep your mouths shut. and don't intervene.

You've got it 100% backwards.

The FED is the cause of this "correction" as a result of monetary policy being too tight.

The FED has been strangling the economy for some time now holding short rates artificially high at first to pop the housing bubble and now to prove Bernanke's inflation fighting credentials.

For proof that the FED is artificially restraining the economy one need look no further than the inverted yield curve.

So this financial crisis that you seem to take so much pleasure in and this bear market that you are so desperately hoping for is solely being engineered by the very FED that you are chiding for interfering now to try and stabilize markets and prevent a total meltdown.

If the FED just cut short rates to the where they should be to uninvert the yield curve you and all the other bearish vultures would finally get your just deserts. So, you should really be thanking the FED for holding the markets down not the other way around.

[arbman]

First of, the inflation is unavoidable;

More unemployment and social unrest or inflation...

You choose... The end result is basically a wider income gap, something seriously went wrong, right?!?

BUT, the Fed still lacks the tools to balance the price stability vs inflation, they are pretty much always behind the curve since the data is behind the curve...

Anyway, even if they follow a perfect policy, the lenders are irresponsible, even if the lenders become responsible, the borrowers will lie and behave irresponsibly...

Manipulating the money supply is always a crapshoot...

The FED is the cause of this "correction" as a result of monetary policy being too tight.

Don, it is not like they didn't blow the bubbles first...

But, they always pop the bubbles after the retail investors are loaded up and rescue when the big business is in trouble.

I guess this is also to be expected on their part, after all, Fed is a private bank...

Edited by kisacik, 12 August 2007 - 12:51 AM.

[Rogerdodger]

Manipulating the money supply is always a crapshoot...

And often has unintended consequences.

[Tor]

What or who are THEY??? Market does what it wants. And it wants to go down now, but if i am right will go up much more. why? because its cheap and corporate profits continue to grow. other asset classes are less attrractive. Nothing to do with "them" holding it up somehow like some magic.

[HoseB]

FED was created to intevene!!! It was created to manipulate liquidity in order to provide price stability. They have no other objectives. They are far from perfect. When they see a bubble, they try to stop it gently. When it bursts, they try to make sure that problems, which created by bursting is not systemic. THIS IS THEIR ONLY JOB.

It is called Federal Reserve. Reserve is a key word. They provide from the reserve any time they think it is needed. There is nothing wrong with that despite mistakes that occur.

Denleo

Your understanding is the one the US Gummint WANTS us all to have. The Fed's primary job is to "create inflation". Before the Fed in 1913, the inflation rate in the US had been about zero for 100 years.... and, our money was backed by gold.

Since 1913, the USD has lost 94% - 99% of its value, depending on reference.