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youaretheone

09/27/09 3:34 PM

#88420 RE: 2bit-nothing #88410

Of course it's un-ethical and not to mention unconstitutional. H.R. 1207 almost has unanimous support in congress right now, and almost 30 in the senate. So auditing the fed is beginning to look like a distinct possibility.

I did not feel like the presenters were predicting anything, but, rather pointing to the figures that support a very big problem on our hands at the moment. As the fed prints and prints, the banks are hoarding the cash...something is up and we do not know for sure what is going on right now. They point to what happened historically when such activities are practiced.

It is overwhelming right now to try and make sense of every factor that is present in our economy and society...i could list about twenty different things that could result in a complete collapse in the market...but i am sure that most here are aware of what is going on, and would not like to be redundant...let's see what tmw's jewish holiday brings to the market...probably a slightly down day with a litthe doji...then up tuesday then down some more wednesday and thursday...
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youaretheone

09/27/09 6:29 PM

#88423 RE: 2bit-nothing #88410

Hey, the end of the month reference to potential trouble was about two pending lawsuits on the fed reserve to disclose where more than 11 trillion has gone since the beginning of the year...i just remembered, and just wanted to fyi u...

oct. 15th taxes are due for all businesses that have taken advantage of the extension...if they can't pay, what happens? bankruptcy? what does that do to unemployment? where does that leave the consumer? Just a couple of things to keep in the back of your mind as we trend higher on no volume!