Now this is whats coming !!!


	Now this is whats coming !!!

fgviva

7-9-2009 2:52 PM

30 views

fgviva says:

Well as the Fed goes so will the country........People, its time to start careing......Things are changing way to fast and in the wrong direction!

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/e667edfd-1c96-4c1c-a692-42ed2a0c54e0/575B04F6-64CB-4596-90B3-D28302D0B02A/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://market-ticker.org/archives/1198-More-Fed-Misdirection-Kohn.html" href="http://market-ticker.org/archives/1198-More-Fed-Misdirection-Kohn.html" style="font-size: 11px;">market-ticker.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://market-ticker.org/archives/1198-More-Fed-Misdirection-Kohn.html"><H4 class="serendipity_title"><A href="http://market-ticker.org/archives/1198-More-Fed-Misdirection-Kohn.html">More Fed Misdirection: Kohn</A></H4></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://market-ticker.org/archives/1198-More-Fed-Misdirection-Kohn.html"><P>The Fed’s ability to act without political interference is at stake as Congress debates how to overhaul financial regulation following the worst credit crisis since the Great Depression. Some lawmakers advocate congressional audits of the central bank, while others are considering subjecting regional Fed presidents, who vote on interest rates, to Senate approval. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://market-ticker.org/archives/1198-More-Fed-Misdirection-Kohn.html"><P><A target="_blank" href="http://bloomberg.com/apps/news?pid=20601087&sid=azwIO2Bz1TJ4">The audacity never ceases to amaze me:</A></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://market-ticker.org/archives/1198-More-Fed-Misdirection-Kohn.html"><P dir="ltr">This has come about due to The Fed ignoring the black letter of its enabling legislation whenever it feels like it, specifically by buying GSE securities that do not have "full faith and credit" and taking equity in Bear Stearns and AIG, both of which were fully-private firms and thus ineligible to proffer anything to The Fed for purchase.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/575B04F6-64CB-4596-90B3-D28302D0B02A/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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