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Old 07-14-2012, 08:15 PM   #38
ditpiler

Join Date
Oct 2005
Posts
481
Senior Member
Default
I'm afraid you are correct.
The sheeple are easily herded by the banks through market manipulation causing planned periods of boom and bust to CONTROL through FEAR and REWARD.
I don't even think it takes abject fear.. They see the FED as a sort of rainmaker.

They don't know what it's doing exactly, but they place complete faith in it to make the good times roll again..

They'll never mess with that..

Thankfully, people are seeing the LIBOR scandal unfold.. and that's getting some attention across the pond. Less here.

Does anyone question our own federal funds rate at this point?

I don't know why they wouldn't.. I don't trust any of these people any further than I can throw them.
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