THE FED--are we being Conned????, "regulators" |
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 Posted: Jun 26 2012, 07:42 PM
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 Posts: 10,175 Thanks: 2445  |
In Reply To: flower's post @ Jun 22 2012, 10:22 AM So are you implying that your Queen has become senile? After all, she knighted Sir Alan - for his "contribution to global economic stability." Can't have it both ways: Either Sir Alan facilitated that laudable feat during his long chairmanship, or he was such obvious a fraud that even you could do better, yet Her Maj was too ignorant to notice. Isn't hindsight marvelous! -------------------- I trade daily, but I am not a licensed adviser. Whether you find my ideas reasonable or not: The only person responsible for your actions is YOU.
I follow two rules: (1) There are no sacred truths. All assumptions must be critically examined. Arguments from authority are worthless. (2) Whatever is inconsistent with observed facts must be discarded or revised. We must understand the Market as it is and not confuse how it is with how we wish it to be. (inspired by Carl Sagan) |
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Posted: Jun 26 2012, 06:40 PM
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 Posts: 834 Thanks: 98 |
22 minutes, watch it all but skip first few minutes as it is an into.
For the completely impatient, jump to 9:30 ish. dr michael j burry gets cranky over the FEd and USA policy. He claims to have asked the right questions and got hammered by the machine. http://www.youtube.com/watch?feature=playe...p;v=1CLhqjOzoyE -------------------- My comments reflect the moment in which they were posted.
Everything can change, and usually does, without notice. |
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Posted: Jun 22 2012, 10:22 AM
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 Posts: 10,759 Thanks: 924 |
Are we being conned?----NO---just hopelessly lead--- just as Alan Greenspan led us
-------------------- Combining Fundamental comments with Fundamental charts.
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Posted: May 9 2012, 03:52 PM
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 Posts: 925 Thanks: 182 |
For those still in doubt that the FED is NOT privately owned.
Let the so called Maestro tell you, 11th paragraph. http://www.constitution.org/mon/greenspan_gold.htm can anyone guess why income tax was introduced? Even admits the FED caused the great depression. |
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Posted: Apr 30 2012, 01:57 PM
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Posts: 2,289 Thanks: 240 |
In Reply To: flower's post @ Apr 30 2012, 12:00 PM QUOTE either completely out of touch with non academic reality or start staring raving mad  Aahh. But who, Wenzel or Bernanke? 
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Posted: Apr 30 2012, 12:02 PM
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Posts: 925 Thanks: 182 |
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Posted: Apr 30 2012, 12:00 PM
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Posts: 10,759 Thanks: 924 |
In Reply To: macduffy's post @ Apr 30 2012, 11:42 AM QUOTE highly critical of the Fed and Bernanke either completely out of touch with non academic reality or start staring raving mad
-------------------- Combining Fundamental comments with Fundamental charts.
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Posted: Apr 30 2012, 11:42 AM
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Posts: 2,289 Thanks: 240 |
Not being a trained economist - can you train an economist? - I hadn't heard of the Economic Policy Journal nor of Robert Wenzel, until recently.
Here's a link to his recent speech to the New York Federal Reserve Bank, at the Federal Reserve, highly critical of the Fed and Bernanke. Well worth a read. http://www.economicpolicyjournal.com/2012/...rk-federal.html |
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Posted: Apr 26 2012, 04:31 PM
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Posts: 834 Thanks: 98 |
In Reply To: flower's post @ Apr 26 2012, 10:22 AM So folks, What is everyone take on the Fed's talk fest? D -------------------- My comments reflect the moment in which they were posted.
Everything can change, and usually does, without notice. |
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Posted: Apr 26 2012, 10:22 AM
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Posts: 10,759 Thanks: 924 |
In Reply To: Dave_vic_ozz's post @ Mar 1 2012, 11:04 AM Helicopter Ben's projections: http://www.federalreserve.gov/newsevents/p...y/20120425b.htm ----------------------------------------------------------------------------------------------------------------- During the following Q and A session: "We remain entirely prepared to take further balance sheet action if necessary… those tools remain entirely on the table…" ----------------------------------------------------------------------------------------------------------------- And the penny still didn't drop on the sound dead market!!! -------------------- Combining Fundamental comments with Fundamental charts.
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