it is probable that a monetary intervention takes place, in similar sense to that Paul Volcker (FED's president from 1979 to 1987) made in 1982".
Come the day! This will have no effect on the supply, but it would increase the value of the dollar and therefore decrease the dollar price/gallon.
I believe it was Randall Forsythe in Barron's back in late February or March who observed that the Fed had the choice of saving the banks and sacrificing the economy or of saving the economy and sacrificing the banks and that it was clear that they had chosen to save the banks. They circled the wagons to protect their own and to Hell with the rest of us. The only question is: with this bunch of looters why would anyone expect anything else? As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
Is there a way I can step through the home pages of other users so as to look for an imperfectly remembered diary? A member index? A diary index? Being able to look through a list of diary titles in a given month or week would be helpful. Being able to go directly to the home page of a member from a list would also be helpful.
At present, I can access home pages only by clicking on the user name on a comment or diary. As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
http://www.eurotrib.com/user/(username)/diary
Google works too. "Pretending that you already know the answer when you don't is not actually very helpful." ~Migeru.