tag:blogger.com,1999:blog-8543388.post1651497221498268744..comments2023-12-22T04:23:23.229-08:00Comments on CONTRARIAN ADVISOR MARKET COMMENTARY: SAME AS IT EVER WASMarc Rhttp://www.blogger.com/profile/12875839439615683342noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8543388.post-69696293348184334132011-04-25T15:45:19.913-07:002011-04-25T15:45:19.913-07:00For Australia I like the Privateer Bill Buckley pu...For Australia I like the Privateer Bill Buckley puts a nice piece together.<br /><br />Yes all the CB's can come into the game, most have pulled back and our FED is doing th eheavy lifting.<br /><br />Insiders are taken care of first, Hank Paulson saw to that, not the others will, Obama really didn't bring in too many outsiders who could have gotten a new set of eyes on a lot of issues...big dissapointment.<br /><br />Instead of steady growth the FED under Greenspan and Bernake have give us more bubbles and busts then under any other time frame....they didnt learn from 2000 so they did it all over again...this time keeping rates even lower for an even longer period of time, well its still on.<br /><br />This action is fueling inflation across the free world, what is being fought here by the Fed is LOW inflation or Deflation....first from housing values, then stocks followed...housing still at worst levels and stocks they did goose pretty good..<br /><br />But now the money is getting loose and they cannot control it, also attracting speculators...pushing commodities even higher,<br /><br />In a free mkt system interest rates would have risen on their own from demand and there would not have been a housing bubble...I POINT finger directly at the FED for that.<br /><br />In the meantime everyone speaking is not telling the truth, misrepresenting the data...telling half truths....most cannot tella lie from truth avg Joe very confused.<br /><br />The FEd is actually selling bonds to the big houses, which they buy with the 0% money....and then that gets into speculative areas....so they say the are not directly monetizing the debt...a half truthMarc Rhttps://www.blogger.com/profile/12875839439615683342noreply@blogger.comtag:blogger.com,1999:blog-8543388.post-90312804485967012722011-04-25T14:32:44.943-07:002011-04-25T14:32:44.943-07:00@anonymous: if you look back at central bank histo...@anonymous: if you look back at central bank history you can certainly make the case for manipulation/conspiracies. but its not just the US fed. Most central banks play the same game. First step is extension of credit. The hot games are commodities, stock markets (tulips in one instance) and housing. The government will actively help the Fed to achieve the bubble (think first time home buyers credit). Once the bust comes here comes the Fed riding to the "rescue". The government also benefits from the central bank buying of bonds which they can use to please their campaign contributers or pay the military industrial complex to blow stuff up else where. Meanwhile the big boys close to the fed benefit from the huge sums of money flating around at insane low interest rates. They are not idiots but sometimes I worry they might lose control of the markets sometimes.(hyperinflation ends the game . by that I mean that even big players will find the wealth they amassed by raping the general poplulation worthless). So yes the big players and the govt both benefit from these games. <br /><br />And its not limited to the US. Take a look at iceland, Ireland etc. The game is in full swing in Canada, Australia, India, China among other places right now. I refer you to read the blog by Steve Keen debtwatch for info on the Australian bubble and Garth Turner greaterfool.ca for the Canadian story. Of course "its different there now". Commodities always go up. China is going to the moon etc etc <br /><br />@Duratek its distressing to see the moral hazrd building up thrughout the bailouts (S&L, LTCM, Nasdaq, Housing). It was nauseating to hear Goldman Sucks CEO say hes "doing Gods work". After all the misery they have caused the least they could do is accept responsiblity and apologize.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8543388.post-64876755037849996222011-04-25T12:30:18.791-07:002011-04-25T12:30:18.791-07:00They DONT set policy, they react....the market for...They DONT set policy, they react....the market forced their hand.....step in or who knows what (in their mind)....they supplanted other demand for speculaation and debt....total idiots maybe not....not raving genius either....BOOM BUST cycles are coming in very short time frames now, ever since FED policy hit extremes<br />They dont necesarrily "LET" anything happen...but are happy to step in and fluff it up again....nothing is for free though...."doing it now?" bail out the insiders and banksters of courseMarc Rhttps://www.blogger.com/profile/12875839439615683342noreply@blogger.comtag:blogger.com,1999:blog-8543388.post-89246794146864988392011-04-25T09:45:36.006-07:002011-04-25T09:45:36.006-07:00If the FED was willing to go through so much to in...If the FED was willing to go through so much to inflate, why did they ever let the DOW fall from 14,000 to 6500?<br /><br />Why are they doing all this now?<br /><br />Either they are total idiots or great manipulators who have been controlling this country since 1913.Anonymousnoreply@blogger.com