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Mango

SoWal Insider
Apr 7, 2006
9,699
1,368
New York/ Santa Rosa Beach
The FEDS are already overseen and manipulated by Bankers, the Financial Elite and Politicians. It's the biggest fraud perpetuated against the American People. It should be disbanded. Thomas Jefferson warned about the unrestricted powers and it's detriment to our Government:

"[The] Bank of the United States... is one of the most deadly hostility existing, against the principles and form of our Constitution... An institution like this, penetrating by its branches every part of the Union, acting by command and in phalanx, may, in a critical moment, upset the government. I deem no government safe which is under the vassalage of any self-constituted authorities, or any other authority than that of the nation, or its regular functionaries. What an obstruction could not this bank of the United States, with all its branch banks, be in time of war! It might dictate to us the peace we should accept, or withdraw its aids. Ought we then to give further growth to an institution so powerful, so hostile?" --Thomas Jefferson to Albert Gallatin, 1803
Here's what I have learned over the years regarding what the FED has to say...do the opposite. For example, if the FEDS say there is no housing bubble, sell your home pronto and rent.

30A- would you take your assets and put them back into the markets right now? This move by the FED is a BAD, BAD, BAD one. I disagree. We had 60-70 years of financial prosperity in this Country after the Second Bank of the United States was disbanded back in the early 1800's.

BTW- Riverotter mad the video. It is in the Lounge, where it belongs. :lol:
 
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30ashopper

SoWal Insider
Apr 30, 2008
6,845
3,471
59
Right here!
The FEDS are already overseen and manipulated by Bankers, the Financial Elite and Politicians. It's the biggest fraud perpetuated against the American People. It should be disbanded. Thomas Jefferson warned about the unrestricted powers and it's detriment to our Government:

Here's what I have learned over the years regarding what the FED has to say...do the opposite. For example, if the FEDS say there is no housing bubble, sell your home pronto and rent.

30A- would you take your assets and put them back into the markets right now? This move by the FED is a BAD, BAD, BAD one. I disagree. We had 60-70 years of financial prosperity in this Country after the Second Bank of the United States was disbanded back in the early 1800's.

BTW- Riverotter mad the video. It is in the Lounge, where it belongs. :lol:

I'm no fan of the FED, but from an investment point of view, I'd rather have inflation vs. deflation. Even with stagnant growth. I find the effects of deflation much harder to predict. Don't you?
 

Lynnie

SoWal Insider
Apr 18, 2007
8,151
434
SoBuc
Also, we had a really bad Treasury Auction recently. I am suspicious when events like that happen and then we announce we are buying. Yields are low and I don't think forcing inflation (heating up the printing presses) is the right thing to do.
 
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