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competentone competentone is offline
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Join Date: Mar 2004
Location: Summerville, SC
Posts: 2,057
Hey, Wow, the Stock Market is UP 250 Points....

....but I guess that's not surprising considering that the Federal Reserve pumped $670 billion of "liquidity" into the market yesterday afternoon!

The new job of the government is to "prop up everything artificially."

I guess the combined actions of millions of individual actors creating "the markets" are not as smart as people like Ben Bernanke and Henry Paulson -- they will force the markets to work the way they think they should.

In the end, it won't work -- all they are doing, in propping up the markets with more Fed "liquidity," is setting the markets up for an even bigger crash.
Old 09-30-2008, 06:47 AM
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