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The Fed Translated…..

In keeping with my practice of translating the Fed’s statements, here goes this one:

“Move along, keep moving, nothing to see here folks!   Business as usual!”

They didn’t do a thing to address the bond market concerns or to allow that things are changing at all.   Expect mortgage rates to drift up a small amount on the lack of news…..

Tom Vanderwell

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  • 1 comment

    1 Comment so far

    1. Greg Dallaire July 1st, 2009 6:57 pm

      Tom,

      Thats the scariest part about all this! It’s all hidden from the general public. Hopefully we can get the american people to stand up and take back what is rightfully ours.

      When the people fear the government there’s tyranny, when the government fears the people theres liberty.