So how do you fix a schizophrenic wall street?....dump huge piles of money on the
problem....and you may say.."well, they are watching out for us"...or "they are pro-
tecting us".....but less we forget....we will be paying interest on this mountain of
cash printed from nothing ....or rather...your grandchildren will pay....this is the
real example of the nonsense policies some of us grumble about when it comes to
the illegal federal reserve system...

Fed Injects Liquidity To Unfreeze Credit; Markets End Mixed
August 10, 2007: 08:05 PM EST

Aug. 10, 2007 (Investor's Business Daily delivered by Newstex) --

The Federal Reserve injected $38billion into the banking system in three operations Friday, attempting to avert a credit crunch that could threaten the economy.

The central bank pledged to provide cash as needed "to facilitate the orderly functioning of financial markets."

It was the Fed's biggest one-day injection since it added $81.25 billion shortly after 9-11. The Fed added $24 billion on Thursday.

The news seemed to lift investors' spirits somewhat, though trading was up and down all day.

story here:
http://money.cnn.com/news/newsfeeds/articles/newstex/IBD-0001-18826476.htm

What the f are you doing up at 5 on a saturday?!?

More smoke and mirrors from the fed..
'Glad it raised SOME people's spirits -
Personally, I'm suprised the economy has'nt collapsed yet.

every time the market drops we get the same doom and gloom report from Davinci. When it goes up we never hear a word. The market goes up, the market goes down. Bears make money, Bulls make money and Pigs get slaughtered, right now some of the Pigs are on the fast track to the packing house . Anybody who didn't see it coming a month ago should not be in the market. It seems that those who are worried the most on this fourm don't have a nickel invested.

we're not that stupid


although if you really want a tip...

water is more precious than oil.

I guess not Bl8ant, investing money to make money is such a capatilistic idea that it goes against all of your socialist principles. You put your money in water if you want but right now my Exxon stock is doing pretty well so I think I will hang on to it for a while.

Garden, remind us again, what was it exactly that was supposed to protect us from ever having another Black Monday? Oh, was it the Federal Reserve system?

If they can stop it from crashing, what makes anyone think they can't and won't make it crash?

Right, Redykeulous - After all, they engineered the big crash.

Red..the SEC not the Fed Reserve.. Securities Excange Commision enacted after the collapse of Wall street ( Securities Exchange Act of 1934) put in place certain so called "stops" to keep a major crash from happening again.
As for the Fed...Davici...If you are so worried about the Fed "making money from nothing" well then the so called interest on nothing is nothing...and it will be payed with nothing...so why worry

What me worry?.....famous quote from someone...(yeah, read Mad magazine as a kid)

reason for posting this?...yet another example of the shell game called economics
practiced in this country...breaks down into 2 camps...
those that think this can go on forever into infinity .....
those who know that someday we will pay for this foolishness..


I have nothing invested in Wall St anyway...but I do have grandchildren....
and feel sorry for the future they will inherit