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  • The U.S. Supreme Court Is Full of Daytraders [View article]
    The Fed is full of day dreamers:

    TakebackTheFed.com
    May 15 10:22 am |Rating: 0 0 |Link to Comment
  • Is Concern for Inflation Inflated? [View article]
    We do not know. We are in uncharted waters. All your theories, linear equations, etc. are not worth squat. The Fed allowed the creation of a massive financial bubble, and we are all screwed. WE (the people through our representatives) need to fix it now. We are responsible, ultimately, in any case. They screw up (using Congress' constitutional authority), we pay. Hey, good job congress, you bunch of morons! Now, get off your duffs, and DO YOUR JOB.

    TakebackTheFed.com
    May 15 10:20 am |Rating: 0 0 |Link to Comment
  • Oil Prices Popped the Bubble, Not Subprime - Housing Tracker [View article]
    We are experiencing a gigantic financial bubble. The subprime mess plus the oil prices certainly helped thrigger the collapse of the bubble, but the ultimate cause of the bubble is congress:

    1. The delegated their constitutionakl responsibilities to the Fed;
    2. Especially under Greenspan, the Fed permitted, nay encouraged, the creation, growth and maitenance of a giant speculative bubble;
    3. Now the bubble is popping, and the Fed wants to rush in to "fix it".

    NO, WE NEED TO

    takeBackTheFed.com
    May 15 10:17 am |Rating: 0 0 |Link to Comment
  • Small Banks Next in Line for Credit Crunch - Housing Tracker [View article]
    We have to solve this problem. We need to renationalize the Fed completely, open their books, create more strings for Fed help in the case of out-of-jurisdiction loans (i.e., investment banks), Once we see the extent of the problem, we will likely have to bankrupt the current system, or parts of it, and start over.

    TakeBackTheFed.com
    May 15 10:14 am |Rating: 0 0 |Link to Comment
  • The Fed: Bubble Poppers [View article]
    EXCUSE ME:

    The Fed created the bubble.

    TakeBackTheFed.com
    May 15 10:11 am |Rating: 0 0 |Link to Comment
  • The Fed Finds Religion [View article]
    TakeBackTheFed.com
    May 14 20:43 pm |Rating: 0 0 |Link to Comment
  • The Impending Mortgage Crisis: Part Three [View article]
    Yes, the baby boomer generation and thus much of the population of the US is due to start a rapid decline.

    Why do you think both Republicans and Democrats turn a blind eye to illegal immigration? We need the population. The problem is getting everyone up to full levels of employment and productivity quickly. This actually happens pretty quickly- usually the second generation is there. With Mexico turning into a significant manufacturing country over the last 30 years, many first generation immigrants have a lot of skills.
    May 12 12:09 pm |Rating: 0 0 |Link to Comment
  • U.S. Economy Is Expanding, Not Receding [View article]
    The economy is not dead yet. It is under attack from a failing financial system and high fuel prices, as well as massive foreign competition. High real estate prices are gone for now, so this may actually help.

    The problem is if and more likely when the $516 trillion OTC derivatives bubble bursts, the economy willy be in trouble. In order to save what economy we have to

    TakeBackTheFed.com

    and create a new financial system that serves the economy rather than vice versa.
    May 07 10:43 am |Rating: 0 0 |Link to Comment
  • How Long Until the Housing Market Recovers? [View article]
    Before it ends, we need to take the first step:

    TakeBackTheFed.com
    May 07 10:39 am |Rating: 0 0 |Link to Comment
  • Paradoxical Liquidity: Stock and Bond Spreads [View article]
    Paradoxical liquidity: The system is broke. Fix it:

    TakeBackTheFed.com
    May 07 10:36 am |Rating: 0 0 |Link to Comment
  • Better To Be Lucky Than Smart: The Bear Market is Over  [View article]
    But what does that mean for teh financial system and the eocnomy? Not much. Money is looking for a home, but the financial collapse is still occuring. The $516+trillion derivatives bubble is still being deleveraged. When people rush out to buy MBS paper at$0.90-$1 on the dollar, then maybe things are looking better. I don't think this is going to happen. Our only option now is to

    TakeBackTheFed.com
    May 07 10:34 am |Rating: 0 0 |Link to Comment
  • The Stealth Battle Between Bernanke and Paulson [View article]
    Congress is the one who has authority to act, per the constitution. Let them

    TakeBackTheFed.com
    May 07 10:30 am |Rating: 0 0 |Link to Comment
  • Fed Auction Results Show Higher Rates; Good for Weak Dollar Foes [View article]
    But they took it all, and wanted more!

    We need to TakeBackTheFed.com
    May 07 10:28 am |Rating: 0 0 |Link to Comment
  • Will the Latest Fed Cut Be the Last?  [View article]
    Q: "even the zimbabwe dollar went up against the funny money the FED pumps out. what does this say? "

    A: TakeBackTheFed.com
    May 06 12:45 pm |Rating: 0 0 |Link to Comment
  • Berkshire Hathaway's Derivative Play [View article]
    He could be in trouble, mainly because of great uncertainty, if we do what is currently required, namely,

    TakeBackTheFed.com
    May 06 12:23 pm |Rating: 0 0 |Link to Comment
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