House of Paine

shylock's elves

   old Alan the green

   and
    his  " interest" rate
    federales
   at
    the open market desk 

   are about to 

              kick" them rates " up 

                 a notch or two


   ----------------------------

  


 I bet you wonder

   whats
    "really"
    going down ?

   I SURE DO 
    
   =============================



   warning
   warning warning 

   this is an open source posting

   stll under construction

   i don't know where its headed 


   so far all i got is  dis connected 
   dribble
   but keep tune

   its  gonna be
   a big one !
   ---------------------------------
     IT WAS INEVITABLE 

       

   here it comes 
   fellow critters 

          the fucking
                          FOMC-niks 
   are about to
                    CRANK UP 
                           THE RATE RACK
                              on uz 


        -----------------------------
     and it ain't just that
     direct stuff

     not just 
     yer householers
       borrow kosts
     spiking 
    
      the economy
         herself 
        may well
   develop 
   a cink in her 
   git along 

   though i doubt it 

   butfuck 

   when yer
   raisin rates 
     you maybe dicking 
   around 
   with somethin'
     sharp
       
     and  big sister
      may well
   take to limpin 
   some

    from 
   gettin jabbed wiff it 
   especially 
   if its over and over
   fer a couple years
    or so  

        so

     MAKE SURE

     don't  just
     pay off
    that  150 k mortgage
     
    you   better
      check  how well
       YOUR JOB'S
           LASHED DOWN
       too 
         
   =================
   then again

   monetary policy

   it's  all voodoo

   has to be

   even if
   " they" 
   really 
   know
   and care
   "how it all works"
    
   the tower boyz
    won't
   tell uz

   come on

   thats for the huddle 

    what they thinks up


   and even more 
    
   what their plans
   call for  

     shhiiit 

     ever heard of
    the 
       commercial secrets act
                 hardon ?
   ======================
   butfuck

   we git restless
   about bad  things 
   happening

   its a fact of life 

   especially 
   if no one
    official
   gives uz 
   plausible 
    reasons 

   enter stage right

     ALAN THE GREEN 
        

   THERE HE STANDS
     IN FRONT OF 
    HIS GREEN CURTAIN

       INVOKING 
     THE BLOOD LUST
          OF 
   THE TERRIBLE FORCES 
            OF MARKET YAHWAY 

        PREPARING US 
    FOR THE  
   NEXT BIG 
   CALF SLAUGHTER


      AND FOLKS IT  NEARS  

      YAHWAY WANTS HIZ FREE LUNCH 
         

   (and wagelings
   some of you be da calves
   and generaly the fatted ones is spared
        often    yahway 
   likes hiz meat lean these days )

   -------------
   i hear ya mates

   i hear yer
   " fuck these 
    temple time tootles

      what the fucks up "

   shit if I know 
   really

    
     -------------------------
   shit if I know 
   the big stuff 


   like

   when it comes 
   to 

   credit crunching


   when it comes

   to

    the constriction 
   of credit expansion

   whats
   really
    fed-ed
    and 
   whats
   mostly
   faked 

   faked
   as in
   hocus pocus
    misdirectioning


   all
    this 
   upping 
   and downing 
   of 
   the fucking
    fed rate thing
    could be mimicry
     
   mimicry of some off stage
      real players

    now i luv the idea 
         alan could get
   burned up
   even if 
   he is just 
   wall streets
   scape goat

    but give me one of their own 
   i'd rather have one of their own

   and no
    virtual auto da fe 
   like the endruns are gettin

    effigy burning
   while the guy goes out the back door to a waiting limmo  

   whatz
    the real
      prime mover

   is it
   the fed 
   best for mosting
   or 
    are the bureau stooges
    just signaling wall street

    go ahead 
   and raise em

   we won't undrcut ya

    can the fed
   bite  bank hands

   will it bite  
   bank hands

    or is it
            just a barker  

   and a
   barker 
   just
   at us 
   pee wees

   can/will
    the fed pricks
   actually
   independently
    crunch 
   credit 

   or
   under 
   those public dainties 
   are 
   the big 
   wall street banks
   calling 

   the shots?

   ========================


   ok
    rates are headed up 

   butfuck

   besides
    household
    rates 

   who else
    actually 
   will be
    paying
    more here 


   i can see how 
   the fed
    can drop 
   the bottom
   out
    
   force rates lower

   but raise the bottom

   no way

   if rates
    go up

   its got to be
   because
   thats
    what the
   profit banks
    "want"
    them
   to do
   anyway

   if
   the banks want
   to
    force rates  up

    they gotta
    get 
   the fed
   to  prequel em  

   ======================
   we hear alot 
   about 

    the 
   indirect 

    by way of
   credit based
   consumer 
   demand reduction


    job/wage 
   crunching

   which is done to 
   reign in
   the 
    "price   hosses "

    its all about
   prudent
   price 
    containerization

   thats supposed
    to be 
   the  thimpking 
   that
   behind
    fed rate
    increases

   but hows it work ?

   whats
    the tinkers 
   to evers
    to chance
    here  ?

     -----------------------
    
   afer all 
   is 
   said and done 

   is this
   really
   prudence ?

   or 
   is it
     just
   relative 
   wage rate stomping
   by way of
   the win win 
     of  
    usury  rate 
   enhancement  


   ======================
    context :

    oil prices 
   are in 
   an up gimmick

   so why not 
   dollar
   interest rates too?

   sure!


   but to pull it off
   the dollars
   saudi arabia** 
    has to play along

   join the band wagon

   right ?


   and why not?

    if 
    we're 
   going
   into
   a pay more
    for less
     mode
    anyway



   why not

   fed it up a bit too 

   the system can take it 

    globo-markets 

   are
   finally starting
    to 
   lurch ahead

   domestic jobs are climbing 
   -----------------------------------

   **********side bar 


      price leader type
            market structures

   saudi arbia
   runs opec
   it effectively
   sets
   price 
   by flexing
   its pumping rate 
   capacity


    the fed 
   actually
   is
   the only
    dollar well

   so imagine the .....

   of course
   itz
   the price leader
   for dollar prices
   i.e.
    interest rates 

   like GM  was
    for cars
   domestically
    in the fifties

    so
   first

    among equals 

   no one 
   can  buck it 

   but its
   today
   as always
    wall street's oaf


   ---------------------------------------

   so why and
   what are they
    reigning in here ?

   why are
    they  
   pre-covering
    the banks ?
   and
   what
   besides

   the rates
   on
   new mortgages
   and
   t bills 
   and
    consumers
   credit cards
    
    
    are headed higher   ?
   ----------------------------------------

    quantity rationing
    vs price rationing 

   does

   any one 
   with a decent  haircut
   believe
   any more

   that
   the fed 
   can dial 
   up and down

   the  corporate
   rate of investment 

   just by 
   by frigging
    with the interest rates ?

    --------------------------------------

   honest to god

   strictly
    for profit
   companies

    never
     time
   their
    "real"
    new capacity 
    investments 

   based on
   fluxing 
    borrowing costs
   ------------------

   pushing on a string ?

   look at 
   the down side 
    

   the last 
   investment slump
   proved that
   side of the system


   the fed crashed 
   interest rates

   there was massive refi

   but 

   did 
   your
     FORBES 500
   charge up
    a big batch
    of new machines
   at the rock bottom rates

   NO WAY