Haha I'm still studying! If its temporary what would anybody be bullish about? Those
securities always need cash flow. I'll have to read this weekend.

Oh okay, I thought you knew some secret. They issue liquidity by buying something
(treasuries, agency paper, federal guaranteed MBS) for a period of time (in this case 3
days) then they sell it back. The liquidity is temporary.

Last edited on: 08-10-2007 09:42 pm

I have no idea. To be really honest. They discontinued M3 they can tell us anything.

But isn't that how it works, they bought them for 3 days and then they sell them back.

They most likely wouldn't sell them. They will bury them. And have some crazy accounting
for it.

Last edited on: 08-10-2007 09:33 pm

Can CNBC have someone report on what happens when the Fed sells those MBS back in 3 days?

A guest on CNBC made a great point about ECB injections. They have more debt than we do
domestically, which is our debt! Their injections relative to ours were quite, large.


And the Yen weakened today? Anybody wondering why? My first guess is that it went to
commodities. Any good guesses?

Foreigners are going to be very upset. Forget our economy. We passed all of this junk
throughout the world. Remember that.

Last edited on: 08-10-2007 09:21 pm

Why doesn't the Fed just buy some stocks so we can all buy and hold. Lol. The Fed has
personally stated it cannot identify assest bubbles. The smartest guys claim this and the
smartest people believe it. Sometimes I cannot stand vague statements on television. I
mean the Fed knows more than we do and rates cuts, which I've been advocating would have
already occured if they are reading what we are reading. I think imported food inflation
was 10 percent year over year. Thats amazing. I mean your gains are wiped out as soon as
you go to McDonalds and order a number 2 value meal, and that would imply you only eat
once a day. Lol. This guys kill me.

Last edited on: 08-10-2007 09:16 pm

lol. Thats why I just stick to crack (sarcasm: on)

With regular heroin use, tolerance develops. This means the abuser must use more heroin to
achieve the same intensity of effect. As higher doses are used over time, physical
dependence and addiction develop. With physical dependence, the body has adapted to the
presence of the drug and withdrawal symptoms may occur if use is reduced or stopped.

What are the symptoms of heroin withdrawal?
Regardless of dosage, these reactions may appear:

Convulsions
Increased heart rate
Abnormal heartbeat
Heart attack
Sudden, sharp blood pressure increase
Stroke
Extreme depression
Suicidal behaviour

Last edited on: 08-10-2007 05:30 pm