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Sunday, August 05, 2007

Gazette Corner: "Federal Reserve to the Rescue"---??????

The Federal Reserve Open Market Committee is meeting on Wednesday, and the media, the Gazette included, is wondering if they will come "to the rescue."

Click on the post to review the full article in the Janesville Gazette on Sunday.

Let us review. The Treasury which supervises the banking of the USA----and the subprime, and the credit requirements, and the credit card companies and the fair practices for consumers, and the junk bonds and the margin requirements of wall street, and the back dating of options, and etc, etc, fill in the rest......Having been on vacation with respect to all of these items.....would it be reasonable to expect that the Federal Reserve will come to the RESCUE?

Plan accordingly.

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