Sunday, July 27, 2008

Not a political post

I felt the need to put that out there first as the video comes from Ron Paul.

This isn't about him, it's not about his views or his campaign.

This video was a part of a daily newsletter I subscribe to from financial Gurus.  I started watching and at 1 minute in he started talking about something I had written about before,  the Fed's Securities Lending Program. 

That was back in March of this year and had to look up the post.  I had used the analogy of my tomato garden to help explain the liquidity problem and how the Fed's were attempting to help increase liquidity.

The Fed's Securities Lending Program and my Tomatoes

While I stopped the video somewhere in the middle to look for my post, maybe I'll go back and watch it later.  I'd be happier if you read all about my tomatoes first though. : )

 

Remember, this isn't about politics.

The exchange of Mortgage Backed Securities for Treasury Issues at face value is real stuff.

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