Will the stock market hold...or is the bubble ready to burst?

[Kirkland Laing]

Fed auctions $75 billion to banks to ease credit stresses
Tuesday May 6, 1:27 pm ET
By Jeannine Aversa, AP Economics Writer
Fed auctions $75 billion to banks to ease credit woes, total is $435 billion since December WASHINGTON (AP) -- Battling to relieve stressed credit markets, the Federal Reserve said Tuesday it has provided a total of $435 billion in short-term loans to squeezed banks since December to help them overcome credit problems. The central bank announced the results of its most recent auction -- $75 billion in short-term loans -- the 11th such auction since the program started in December.
It's part of an ongoing effort by the Fed to help ease the credit crunch, which erupted last August, intensified in December and January and took another turn for the worst in March.



Fed auctions $75 billion to banks to ease credit stresses: Financial News - Yahoo! Finance


While the Fed keeps printing money on this scale to deal with the results of Bush's disastrous presidency, oil prices are only going to remain high. If you think gas is expensive now, just wait till the summer.

[Douglas]

While the Fed keeps printing money on this scale to deal with the results of Bush's shitty and pathetic presidency, oil prices are only going to remain high. If you think gas is expensive now, just wait till the summer.

It already IS summer.