Topic: Economics
Fed Kills Wall St. Firms to Garner More Power

The slippery slope is well greased. Here we go. Not many will be saying , "Wheeeeee!"
by Jahfre Fire Eater
(libertarian)
Thursday, July 10, 2008

Don't be fooled into thinking this is reactionary. The supporters of central banking will ride this one to the finish...which is the collapse of the world economy as we know it.

Today is the day our slide to oblivion begins to gather speed. A house of cards never collapses slowly so stay tuned. If we go past the point of no return the ride to the bottom will be fast and furious.

Fed chief: Gov't needs more power when firms fail

-Jahfre Fire Eater

©2008 Jahfre Fire Eater, all rights reserved. You must have written permission from the author in order to republish this work.
Published: Thursday, July 10, 2008
Last modified: Thursday, July 10, 2008

The views expressed in this article are those of Jahfre Fire Eater only and do not represent the views of Nolan Chart, LLC or its affiliates. Jahfre Fire Eater is solely responsible for the contents of this article and is not an employee or otherwise affiliated with Nolan Chart, LLC in his/her role as a columnist.

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Reader Comments:

Posted By: censoredagain
Date: 2008-07-10 10:20:42

Were are the details?  The Fed did what to whom? At least is there a link to tell me the information you did not?

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Posted By: J. Thomas
Date: 2008-07-10 11:47:29

That's the way to fix it.  Let those who screwed it up...bail it out.  That makes great sense.

 

They can't just let the correction happen.  The more intervention the worse it is for the commoner

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