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To: Toddsterpatriot

Like I said, all we have had from you for 300 posts is sniveling BS. I know you think me an idiot, but if you don’t post something intelligent all of the spectators around here are going to think you an idiot too.


95 posted on 11/20/2007 6:50:22 PM PST by AndyJackson
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To: AndyJackson
Every time the federal reserve provides liquidity to its primary dealers, it is transferring wealth at highly preferential rates to inside parties.

When the Fed buys Treasuries from a Primary Dealer, they pay cash. How can you claim they're charging a preferential rate? Only someone who is too stupid to know the difference between a purchase and a loan would say that.

I guess the spectators now see that you are a moron. So whine some more, you're better at that then discussing Fed policy.

96 posted on 11/20/2007 6:55:20 PM PST by Toddsterpatriot (What came first, the bad math or the goldbuggery?)
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