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To: Paul Ross; justshutupandtakeit
And definitively AMERICAN assets, held by a foreign entity.

Hmmmm....American assets owned by a foreign entity. Yeah, those sound like American assets. LOL!

Have you read how they actually can buyback,

AFAIK, Treasury Bonds haven't had a call feature for many years. The Federal Reserve can and does buy (and sell) Treasury Securities to manage the money supply. That in no way affects the interest rate of Bonds that have already been issued.

and they can use their own bids to rig things?

Huh? Making stuff up again?

How about the fact that whatever they have set as the domestic price, they use as the SET foreign price for issue?

Ummmm....they don't set the domestic price, it's determined by the auction.

The Treasury sets the interest rate according to the results of the auction of the companion domestic issue and provides book-entry form during the 45-day waiting period.

Selling additional bonds to foreigners at the same price that domestic buyers bid at the auction is not the same as setting the interest rate. But I must say, one of your better tap dances, which is saying a lot.

I'm sure you will try and obfuscate the casual connections inferrable from the following relationships that are manifested over time:

I know how interest rates work. And these charts have nothing to do with your (false) claim that the Fed sets rates on bonds they sell.

In October of 2001, the Treasury Department Decided to suspend the issuance of the 30 - year bond inflation - indexed bonds.

LOL! How is stopping the sale of 30 year bonds delaying, deferring, or reducing sales before an auction? You're really stretching. What you need to show is that they announced an auction and delayed it or deferred it or reduced the amount they were selling on the auction date. Announcing that they were going to start auctioning 30 year bonds again wasn't anymore of an example of that than the end of 30 year bond sales was.

The bids are kept confidential, and the acceptance is at the government's decision.

Why don't they just announce before the auction what the rate will be? You know, the way they would do it if the Fed set the rate?

The tracking of the treasury rates in sequence with the open funds discount and mortgage rates...which is set by the FOMC... is of record.

Another Paul Ross non-sequitur.

First, what's an open funds discount? No such thing.

Next, mortgage rates and treasury rates don't track the Fed Funds rate. Finally, as I've said before, you really shouldn't comment on market or finance threads because you don't know what you're talking about and you sound ridiculous!

126 posted on 09/09/2006 4:03:52 PM PDT by Toddsterpatriot (Why are protectionists so bad at math and reading?)
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To: Toddsterpatriot

I want to run one of them auctions where I get to set the price. Can I do that on ebay? And if no one meets my required price have I still set it?

There were some purty pitchers though.


127 posted on 09/12/2006 1:45:06 PM PDT by justshutupandtakeit (If you believe ANYTHING in the Treason Media you are a fool.)
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