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Should the United States government have ignored Bear Stearns and let the market fall where it may?
Had they let the chips fall, would housing prices have dropped to where they should be by now and would oil have been less? As the US government has pumped over 1 trillion dollars to inflate the market, isn't this the money that is being used to bid up commodities now by the investment houses and banks, who having borrowed this at cut rates, want to multiply their talons?
Public Comments
- In 1929 the US government did NOT prop up the banks, they failed and most of the 1930's were not "fun" years for investors and borrowers. This time they did prop up the banks and it may not be (to borrow a phase from Charlie Dickens) "the best of times" but it is certainly not "the worst of times." See the replies to your other question RE: the 1 trillion dollars and commodity prices. Ray knows what he is talking about.
- NO they did not do it for us, they had to stall their long range AGENDA. The housing market did not get any worse, we probaly would have all gone down (swirling like the D__sp.ck.thingy )because The market would have gone bust with the investers pulling pulling pulling OUT ALL THEY COULD from the market. It was for "THEM" the few $ people that really run us as quiet as it is kept. They all want that quick buck and it doesn't work like that. The GAME is being played until they have we people at the right spot and then they will try there best to bring so much FEAR in our life nothing else to us will matter other then filling that d__ gas tank and food to eat. Peace! You should change your nickname to shhhhhhh- would really tell all you say like it is. Talk later!
