The FED: Slicing the Salami and Force-Feeding the Baloney

The FED: Slicing the Salami and Force-Feeding the Baloney
Thu, 08/23/2007 - 15:46 — moneysage
The Fed is continuing with its "strategy" -- if one wishes to so dignify its half-baked, futile efforts. This "strategy" is to slice the salami paper thin and offer these delicate slivers to the starving giant. This ain't gonna play in Peoria, as they say. Something's got to give, and our money is on the Fed caving right down the line. Why not face reality for a change and give the GIANT what he WILL NOT CEASE demanding before he messes the house up a lot more than necessary?Along with thinly sliced salami the FED is feeding the GIANT (ie, the freezing up credit market) large slabs of imaginary baloney. The GIANT is no dummy; he will not be satisfied with fine, albeit empty words of reassurance and promises of sweet nothings: he wants the BEEF, AND HE WILL GET IT, one way or the other.The FED may be fooling the media, Wall Street, and, most of all, itself. It is NOT fooling the only player who counts: THE GIANT.