Fed to loan another $200 Billion - Stock Market Forum, Penny Stocks, FOREX, NASDAQ, AMEX, NYSE, Live Chat

**Grizzums** · #1 03-11-2008, 09:32 AM

Just one question....

Why not just make it an even Trillion... Heck maybe the fed could just ask each and every bank how much worthless assets they carry but have yet to show them on their balance sheets (because apparently banks get to play by different rules)... And then the fed could just tell them to send over those worthless pieces of contractual papers and the fed will replace those contractual pieces of paper with their own worthless pieces of paper, oops, I mean US dollars.

Then maybe the fed could start a new program. They could tell all businesses in america to extend Credit to each and every American to buy and consume whatever it is their heart desires regardless of their financial state. The administration could coincide this great news with a primetime announcement to homeowners to encourage this sort of reckless irresponsible behavior but spin it in a way that sounds like we are all doing this for the sake of patriotism....don't ask me how, but with the èxperience our government has in this type of propaganda game, I'm sure a simple spin cycle here will be a piece of cake for them that the masses of sheep will be sure to gobble up. Then the fed can tell the businesses that they can just feel free to send them all the receipts from now until eternity and the fed will reimburse them with those little green pieces of paper. This will be great!

Then we can just tell the rest of the world that they need to continue to hold our wonderful usd as their precious commodity in reserve to subsidize the united states of america....oh and if they don't, the best part is the kicker....we'll just blow them the hell up! Yipee!

Weeeeeee....

Sarcasm? Yes, this post is full of it. No need to take seriosly.

greg1100 · #2 03-11-2008, 09:46 AM

Quote:

Originally Posted by Grizzums

Just one question....

Why not just make it an even Trillion... Heck maybe the fed could just ask each and every bank how much worthless assets they carry but have yet to show them on their balance sheets (because apparently banks get to play by different rules)... And then the fed could just tell them to send over those worthless pieces of contractual papers and the fed will replace those contractual pieces of paper with their own worthless pieces of paper, oops, I mean US dollars.

Then maybe the fed could start a new program. They could tell all businesses in america to extend Credit to each and every American to buy and consume whatever it is their heart desires regardless of their financial state. The administration could coincide this great news with a primetime announcement to homeowners to encourage this sort of reckless irresponsible behavior but spin it in a way that sounds like we are all doing this for the sake of patriotism....don't ask me how, but with the èxperience our government has in this type of propaganda game, I'm sure a simple spin cycle here will be a piece of cake for them that the masses of sheep will be sure to gobble up. Then the fed can tell the businesses that they can just feel free to send them all the receipts from now until eternity and the fed will reimburse them with those little green pieces of paper. This will be great!

Then we can just tell the rest of the world that they need to continue to hold our wonderful usd as their precious commodity in reserve to subsidize the united states of america....oh and if they don't, the best part is the kicker....we'll just blow them the hell up! Yipee!

Weeeeeee....

Sarcasm? Yes, this post is full of it. No need to take seriosly.

Kinda like...just put it on my tab.... it election year.... what will a vote cost this year???

Skydaemon · #3 03-11-2008, 09:58 AM

Yeah and they lent it on $200 billion of mortgage collateral. Naturally the fed doesn't report earnings, but if one of those banks happened to bankrupt what do they do? Just print more money I guess.

There's a name for this. When the government buys people's houses for them. Communism I think it's called.....

**BadThad** · #4 03-11-2008, 11:33 AM

This is just morphine, once it wears off, the market will continue it's downward slide IMO.

greg1100 · #5 03-11-2008, 01:14 PM

Quote:

Originally Posted by BadThad

This is just morphine, once it wears off, the market will continue it's downward slide IMO.

if you stop and think about it how did housing move that high...investors where did they all go... to market so send the market lower and investor will jump back in on the bottom of housing and up it will go again.... IMO

3DCyclone · #6 03-11-2008, 02:45 PM

LOL

I agree with the above post....

Hyperion · #7 03-11-2008, 06:42 PM

Well, basically it allows some entities to exchange their worthless paper for the worthless paper of the Fed.

What 'Septic Tank' Ben does not get is that if you have a pile of crap and swap it for another pile of crap you still only have crap.

I repeat my call for Sponge Bob as the new Fed Chief (heck, even Patrick)...

Today's move and the hype is ultra-short-term...we may see a continuation tomorrow but as soon as Thursday or Friday the markets will resume their path...downward.

A wounded animal (in this case the Bear) is more dangerous than a healthy animal...

greg1100 · #8 03-12-2008, 12:06 AM

Quote:

Originally Posted by Hyperion

Well, basically it allows some entities to exchange their worthless paper for the worthless paper of the Fed.

What 'Septic Tank' Ben does not get is that if you have a pile of crap and swap it for another pile of crap you still only have crap.

I repeat my call for Sponge Bob as the new Fed Chief (heck, even Patrick)...

Today's move and the hype is ultra-short-term...we may see a continuation tomorrow but as soon as Thursday or Friday the markets will resume their path...downward.

A wounded animal (in this case the Bear) is more dangerous than a healthy animal...

let say thurday when the jobs report comes out... that should do it

**Grizzums** · #9 03-12-2008, 12:45 AM

Yes, I agree. Initial claims is going to a disappointing number I believe. I think it's reasonable to expect that after the "jobs created" # came in with a net loss of 65k as opposed to expectations of plus 30k. Jobs are a "leading" indicator so Thursday may very well be the squelcher of this temp. move.

greg1100 · #10 03-12-2008, 10:03 AM

Quote:

Originally Posted by Grizzums

Yes, I agree. Initial claims is going to a disappointing number I believe. I think it's reasonable to expect that after the "jobs created" # came in with a net loss of 65k as opposed to expectations of plus 30k. Jobs are a "leading" indicator so Thursday may very well be the squelcher of this temp. move.

If oil supply is down today and oil moves higher and gold move higher that dont leave much room for the markets to move up . So today might be the end for the bulls as well. Besides yesterday was alot of shorts covering there needs to be buys to keep moving the market higher...