Wednesday, June 22, 2011

Authority Figures

Folks in WTC tower I were told by authority figures to return to their offices. That didn't work out.

Likewise, question the Fed, always.

QE II meant the buying of 70% of new issue Treasuries. But the sellers parked the cash. Any fool knew they would because the policy of this administration makes it stupid to lend money.

Bernanke today implied no more. Slow learner.


Robert Craven

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