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Old 03-11-2008, 07:46 PM
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Default More Inflation, Easy Credit Flows To Wallstreet

The Fed. cut the Federal Funds rate yet again. Keep devaluing the dollar, the middle class will pay for it. Corporate America will feed their coffers. The fact of the matter is Bernanke doesn't know what to do. He's trying to keep the debacle from happening for as long as possible. Ever ask anybody if their married or divorced. When they say divorced, they always reply, ya I should have done it 5-8 years ago. Likewise here, leave free markets alone!

When China dumps our currency, the world looses confidence in the dollar, corn, yes I mean corn, with the rise in demand (ethanol) as well as our whole food supply being corned based (Corn Syrup anybody). The Fed, the FDA.

I'm trying to put a positive spin on this, but it’s like polishing a turd, at the end of the day, it’s still a turd.
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Last edited by basharp1; 03-11-2008 at 07:48 PM. Reason: spelling
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Old 03-12-2008, 02:50 AM
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buy gold and shut the fuck up if you dont like it....
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Old 03-12-2008, 09:32 AM
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Quote:
Originally Posted by basharp1 View Post
The Fed. cut the Federal Funds rate yet again. Keep devaluing the dollar, the middle class will pay for it. Corporate America will feed their coffers. The fact of the matter is Bernanke doesn't know what to do. He's trying to keep the debacle from happening for as long as possible. Ever ask anybody if their married or divorced. When they say divorced, they always reply, ya I should have done it 5-8 years ago. Likewise here, leave free markets alone!

When China dumps our currency, the world looses confidence in the dollar, corn, yes I mean corn, with the rise in demand (ethanol) as well as our whole food supply being corned based (Corn Syrup anybody). The Fed, the FDA.

I'm trying to put a positive spin on this, but it’s like polishing a turd, at the end of the day, it’s still a turd.
Be afraid. Be VERY afraid. The Fed is printing, and loaning money to Banks, and allowing Banks to use their BAD LOAN MORTGAGE PAPER for collateral.
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Old 03-12-2008, 02:58 PM
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Originally Posted by Still Dizzy View Post
Be afraid. Be VERY afraid. The Fed is printing, and loaning money to Banks, and allowing Banks to use their BAD LOAN MORTGAGE PAPER for collateral.
Their loaning worthless paper to the banks. If they keep doing it, will be bartering again.

Dumbass
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"I hope our wisdom will grow with our power, and teach us, that the less we use our power the greater it will be." Thomas Jefferson

"The conservative movement has been hijacked and turned into a globalist, interventionist, open borders ideology, which is not the conservative movement I grew up with." Pat Buchanan

"The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government"
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Old 03-12-2008, 03:01 PM
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Originally Posted by gixaholic View Post
buy gold and shut the fuck up if you dont like it....

How about go fuck yourself. Turn the page, don't read it, click the channel, put another address in your address bar perhaps a web site that says gotohell.com

Another Dumbass
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"I hope our wisdom will grow with our power, and teach us, that the less we use our power the greater it will be." Thomas Jefferson

"The conservative movement has been hijacked and turned into a globalist, interventionist, open borders ideology, which is not the conservative movement I grew up with." Pat Buchanan

"The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government"
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Old 03-12-2008, 03:03 PM
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It really exists, they stole my idea maaaaa............ma
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"I hope our wisdom will grow with our power, and teach us, that the less we use our power the greater it will be." Thomas Jefferson

"The conservative movement has been hijacked and turned into a globalist, interventionist, open borders ideology, which is not the conservative movement I grew up with." Pat Buchanan

"The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government"
Thomas Jefferson
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Old 03-12-2008, 07:22 PM
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How does hurting the rich help the middle class? Anyone?
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Old 03-12-2008, 10:10 PM
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Boy, that reduction in the Federal Funds rate helped out the Dow, up 419, finished below 56. Perhaps Bernanke will perscribe some Viagra for the Dow
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"The conservative movement has been hijacked and turned into a globalist, interventionist, open borders ideology, which is not the conservative movement I grew up with." Pat Buchanan

"The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government"
Thomas Jefferson
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Old 03-12-2008, 10:10 PM
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Originally Posted by Skinny Fatts View Post
How does hurting the rich help the middle class? Anyone?
It doesn't! What does that have to do with the Fed. cutting the Federal Funds Rate?
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"I hope our wisdom will grow with our power, and teach us, that the less we use our power the greater it will be." Thomas Jefferson

"The conservative movement has been hijacked and turned into a globalist, interventionist, open borders ideology, which is not the conservative movement I grew up with." Pat Buchanan

"The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government"
Thomas Jefferson
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Old 03-13-2008, 05:57 AM
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Originally Posted by basharp1 View Post
The Fed. cut the Federal Funds rate yet again. Keep devaluing the dollar, the middle class will pay for it. Corporate America will feed their coffers...
I just asked a question. You're the one seems concerned the middle class suffers as corporate america feeds its coffers.
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