reply to post by tide88
Yes, my apologies for the confusion there. My initial reply should have been addressed to the post by LowLevelMason.
Originally posted by LowLevelMason
reply to post by burdman30ott6
Its well known that the money from the bail out hasn't even been used yet
Originally posted by LowLevelMason
Last week was senseless panic selling fueled by people like those on ATS declaring that the end was nigh. Nothing in the bail out package allowed a way to manipulate stocks, as we clearly saw last week.
Originally posted by LowLevelMason
To all of the ATS doom people: Your still fear mongering without reason.
Originally posted by LowLevelMason
But your wrong. Last week was total senseless panic selling fueled by the fear mongers, and now people regained some of their rationality. Its not the end of the world people, and its time those who desperately want it to be come back to reality. Your going to have to find something else to scare people about.
Originally posted by LowLevelMason
1) A deat cat bounce.
2) Short covering.
3) Market manipulation.
At this point, the Fed will find itself between Scylla and Charybdis—between deflation and hyperinflation—it will be forced fast either to take its “classical medicine” by deflating, whereby it raises interest rates, thus inducing a major economic depression, a collapse in real estate, and an implosion in bond, stock, and derivative markets, with a total financial collapse, or alternatively, to take the Weimar way out by inflating, whereby it pegs the long-bond yield, raises the Helicopters and drowns the financial system in liquidity, bailing out numerous LTCMs and hyperinflating the economy.
About the Author
Krassimir Petrov has received his PhD in economics from the Ohio
State University and currently teaches Macroeconomics, International Finance, and Econometrics
Originally posted by TARBOX
Originally posted by LowLevelMason
reply to post by burdman30ott6
Its well known that the money from the bail out hasn't even been used yet
Can you please point a link that shows, or explains that the bail out money hasn't been used yet.
How do you know this? Unless you are working on the inside..ie: government...this information should not be available.
Originally posted by LowLevelMason
Last week was senseless panic selling fueled by people like those on ATS declaring that the end was nigh. Nothing in the bail out package allowed a way to manipulate stocks, as we clearly saw last week.
How do you know this? Please list your sources for your claims.
Until you can post links, or sources, your credibility is 0.
The administration's interim bailout package chief, Neel Kashkari, said early Monday the government is moving quickly to implement the rescue program, including consulting with private law firms on how to buy stakes in banks to boost their cash reserves.....Kashkari, the assistant Treasury secretary who is interim head of the program, said officials were developing the guidelines that will govern the purchase of bad assets and had consulted with six specialist law firms on how the government will take partial ownership of banks....Kashkari, however, provided few details about how the program will actually buy bad assets and partial ownership in banks. He focused mainly on the nuts and bolts of getting the program running.source