[tcostell]

This whole thing stinks of self-dealing and manipulation.

I disagree. This is what it looks like when the government seizes control of the markets.

[Attention Surplus Disorder]

“This whole thing stinks of self-dealing and manipulation.

I disagree. This is what it looks like when the government seizes control of the markets.”

I agree with the reply. If this type of market lockup was allowed to happen a year or so ago, it might have been curable. Instead, we’ve been treated to relentless “interventions du jour” from the Fed and Tsy, who have overplayed their hands badly.

Ladies and gentlemen, we are in for some serious times.