Nate C

Everything You Wanted To Know About This Week's Market (But Were Afraid To Look At Too Closely)

Great article. I am glad to read that I am not the only person who believes that the US is entering a prolonged period of stagflation. The Fed governors say it will never happen along with the market pundits. They say that there is no inflation because housing prices are declining. They even claim that the US is experiencing deflation. LOL!! Accoring to the fake government numbers, gasoline prices actually declined in April even though April gasoline futures went from 3.26 to 3.49. The worst part is that the market seems to believe the government numbers.

'Fedization': Bear's Rescue Presents a Major Moral Hazard

The Feddoes not give a damn about "moral hazards." The Fed is owned and operated for the benefit of the banks. The Fed is just doing their job--bailing out their owners who are got into trouble with MBS. The Fed is an illegal institution that can do anything it wants with almost no oversight by Congress. Most of the simpletons in Congress do not even know what a MBS is. They only know the buzz words like "liquidity" and "bring stability."

The Federal Reserve needs to be closed. They recklessly debase our currency and reduce our purchasing power by lowering interest rates to rescue the wall street banks. And guess who gets to pay for all of this: the US taxpayer as usual.