Wednesday, August 15, 2007
Late Night Observation
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St. Louis Fed pres William Poole in his speech tonight basically said an emergency easing was off the table.....that's gonna leave a mark.
William Poole, president of the Federal Reserve Bank of St. Louis, said there's no sign that the subprime-mortgage rout is harming the broader U.S. economy, and an interest-rate cut isn't yet needed.
70 yr old Poole needs to check into Sunrise Assisted Living. And while there, get a check-up from the neck up. The guy is a disgrace.
First thing tomorrow, I am shooting my voodoo Doctor, throwing an empty milk carton on my neighbors lawn and putting millions to work short.
It's all fund and games till your brokerage account blows up.
It's all fund and games till your brokerage account blows up.
Jakarta is having another 5% down day as too.
I hope Seoul implodes enough to just enough to weaken the won. My business is trade with Korea an the wheelbarrow dollar has been killing me.
I hope Seoul implodes enough to just enough to weaken the won. My business is trade with Korea an the wheelbarrow dollar has been killing me.
Remember folks...Poole isn't the only dickhead on the FOMC. Its still a committee of more dickheads last time I heard...
These guys don't take a shit without coordinating it. Poole didn't make these statements without Big Ben's fucktarded blessing.
http://www.breitbart.com/article.php?id=070815131310.zza38gg9&show_article=1
Fed pumping cash at the open, and "willing to take additional steps"
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Fed pumping cash at the open, and "willing to take additional steps"
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