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1 posted on 06/22/2010 2:51:51 AM PDT by Scanian
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To: Scanian
FNC had a segment yesterday about the Congressional Effect Mutual Fund.
The Congressional Effect Fund seeks to capture the historically
higher returns on Congressional out of session days by primarily
having exposure to price moves of the broad market as measured
by the S & P 500 index on vacation days.

At the very least, the fund manager has stimulated interesting discussion.

2 posted on 06/22/2010 3:00:41 AM PDT by NautiNurse (ObamaCare uses Bernie Madoff theory of economics)
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To: Scanian

Washington is currently considering all sorts of reform to the financial system, including prohibiting certain kinds of trading and investments.
Train wreck ahead.


3 posted on 06/22/2010 3:03:31 AM PDT by Vaduz
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To: Scanian; blam; TigerLikesRooster

Not just DC.

The states and municipalities have hundreds of millions, maybe hundreds of billions of dollars of their pension funds, rainy day funds, etc. invested in the market.

They cannot watch their money disappear. People would hang from the trees if that happened.

So it is sounding more and more to me like we will not see the system change.
We will see the “money” change.


4 posted on 06/22/2010 3:11:34 AM PDT by djf
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To: Scanian

On a related topic-Commodities markets:

Rush “what if’d” the concept of the RATs gaming the price of oil to affect election outcomes noting the “coincidental” PPB hikes before the last two elections.


5 posted on 06/22/2010 4:11:43 AM PDT by ROCKLOBSTER (Who allowed the worst oil pollution disaster in American history and did nothing?)
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To: Scanian
We are in the deepest depression... what is coming will make the great depression look like a boom time. This market will crash... so will our nation... and obama will party like it is 1999.

LLS

6 posted on 06/22/2010 4:30:34 AM PDT by LibLieSlayer ( WOLVERINES!)
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To: Scanian

Will someone from the PPT please pickup the green curtosy phone?


8 posted on 06/22/2010 6:09:32 AM PDT by central_va (I won't be reconstructed, and I do not give a damn.)
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To: Scanian

9 posted on 06/22/2010 6:21:16 AM PDT by OB1kNOb (Celebrities first seek fame...then they seek relevance, only to fail miserably at the latter.)
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