2008-09-19

Two articles

Did Bernanke Panic? And Where Are We Going?

"We have lost control," said Hale, quoting Bernanke. "We cannot stabilize the dollar. We cannot control commodity prices."
http://jessescrossroadscafe.blogspot.com/2008/09/did-bernanke-panic.html

Weep For The Free Market

The Federal Government just declared war on short sellers.
Will it help the real economy? No sir.
Will it help the value of my house? Nope.
Will it blow up hedge funds? Yep.
Is it a selling opportunity? You betcha.
Will the rally last ? No.
Will earnings increase? Actually I think they will fall.
http://globaleconomicanalysis.blogspot.com/2008/09/weep-for-free-market.html

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