u r completely wrong on the perspective

1, to intervene, US government is mainly to protect bond investors, so whoever holds bonds of F2 are saved. I do not know if wall street firms holds a lot of F2 bonds, but I know foreign investors like China or Japan holds a lot. So China and Japan are saved not destroyed, because they are saved, foreign investors will have greater confidence on US dollar, so dollar should go higher if viewed from this angle only.

Now who else may be the big holder of F2 bond, I would think a lot of retirement funds/pension funds are bond lovers, I am not retired yet, so from my interest, it is better for US government to give up on these old people, it is their choice to pick those unfortunate fund who unfortunately invested in those F2 bonds, but I do not mind to sacrifice a little bit of my tax dollar to save those old guys, to make our world stable is a primary responsibility of governments. On this ground, look how CHinese government treats those workers to whom they broke their promise, hope u are ware that a lot of retired people in China sits still in the middle of roads here and there from time to time.

Third, to rescue F2, government put government funds' interest in front of shareholder's interest, it is hard to say if government is going to suffer a loss. If it is a loss of certainty, then tell me why fre and fnm's share price was up just a week ago, nearly doubled.

Last, US economy is an open, free market, I would think money from people and around the world has much bigger power than US federal government even though US government has some very effective financial tools. Think this way, how much money US government can use directly on the market directly? more importantly, without telling the public, or without influence from congress or senate. Until now, a direct of use of government's money, is a $30 billion guarantee used in rescue BSC, which many economist believes that government will turn a profit from this act.

So, please put out your word cautiously, there is not a big market for conspiracy in US. different views are welcome, I am always ready to be convinced the other way if u show your logic and facts.

所有跟帖： 

• u have no idea what's going on -1112007- ♂ (958 bytes) () 09/06/2008 postreply 10:56:58

• Now is Capitalism in its worst form -- capitalize gain and socia -rabbitrun- ♂ (0 bytes) () 09/06/2008 postreply 11:04:38

• Do u know what is bond and what is equity? -longtermInvestor- ♂ (867 bytes) () 09/06/2008 postreply 12:18:01

• 回复：Do u know what is bond and what is equity? -1112007- ♂ (996 bytes) () 09/06/2008 postreply 12:56:59

• an intervention is a micro economy behavior -longtermInvestor- ♂ (477 bytes) () 09/06/2008 postreply 13:25:25

• talking about fairness -longtermInvestor- ♂ (1250 bytes) () 09/06/2008 postreply 12:43:39

• You are so naive. You never know what's behind the curtain -1112007- ♂ (107 bytes) () 09/06/2008 postreply 13:00:00

• can u tell me what I do not understand? -longtermInvestor- ♂ (85 bytes) () 09/06/2008 postreply 13:26:48

• There are thousand of reasons to do one thing, but -1112007- ♂ (244 bytes) () 09/06/2008 postreply 11:01:18

• I do not care about reasons, I only care -longtermInvestor- ♂ (177 bytes) () 09/06/2008 postreply 13:36:43

• China is already kidnapped by US economy, -longtermInvestor- ♂ (619 bytes) () 09/06/2008 postreply 12:28:32

• u r wrong! -1112007- ♂ (181 bytes) () 09/06/2008 postreply 12:44:05

• how am I wrong, "only use dollar outside of China" -longtermInvestor- ♂ (18 bytes) () 09/06/2008 postreply 12:47:14

• probably I was not clear, what I mean is 80% economy -longtermInvestor- ♂ (252 bytes) () 09/06/2008 postreply 12:51:40