Comments on: THOUGHTS ON THURSDAY’S DATA http://pragcap.com/thoughts-on-thursdays-data-2 Sun, 12 Feb 2012 06:49:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: TPC http://pragcap.com/thoughts-on-thursdays-data-2/comment-page-1#comment-1945 TPC Fri, 12 Jun 2009 15:08:05 +0000 http://pragcap.com/thoughts-on-thursdays-data-2#comment-1945 Tony, Must have missed your comment last night. I certainly agree with you. They had to save Merrill and other brokers because there is no way to deal with these firms that (weren't) banks, but banks that fail should enter the FDIC receivership process. It's the best way to extinguish debt and get on the fast track to health. Your comment is dead on. Tony,

Must have missed your comment last night. I certainly agree with you. They had to save Merrill and other brokers because there is no way to deal with these firms that (weren’t) banks, but banks that fail should enter the FDIC receivership process. It’s the best way to extinguish debt and get on the fast track to health. Your comment is dead on.

]]> By: tony http://pragcap.com/thoughts-on-thursdays-data-2/comment-page-1#comment-1936 tony Fri, 12 Jun 2009 01:27:31 +0000 http://pragcap.com/thoughts-on-thursdays-data-2#comment-1936 I was just reading something about what the FEDs next step should be and it kind of makes sense. Since they are losing control on taming the treasury market and since the dollar is sinking and oil is flying high; what if they sparked some short term fear back into the stockmarket by letting a bank or two get thrown to the wolves. People would panic out of the market,pile into treasuries,the dollar would strenghten and oil would fall. Then they could find all the buyers they could ever need in treasuries and at the sametime lower mortgages back to 4 percent again. Does this make anykind of sense at all? I was just reading something about what the FEDs next step should be and it kind of makes sense. Since they are losing control on taming the treasury market and since the dollar is sinking and oil is flying high; what if they sparked some short term fear back into the stockmarket by letting a bank or two get thrown to the wolves. People would panic out of the market,pile into treasuries,the dollar would strenghten and oil would fall. Then they could find all the buyers they could ever need in treasuries and at the sametime lower mortgages back to 4 percent again. Does this make anykind of sense at all?

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