Is what the Fed doing illegal?

Something is very fishy about how the Fed goes about buying the Debt from the U.S. Treasury. They are managing to control the media and people's perceptions to what they are doing, but it just feels wrong. They are manipulating the Debt markets in America. So, anyone else that manipulates as long as prices are going up is considered OK, but not when prices are going down. This huge discrepancy creates false valuation in markets that result in very strong resets, when the fallacy is revealed.

I predict that this will happen as well at some point in US Treasuries. The worst part is that the Fed will be faced with crushing mark-to-market losses, but will never mention anything...

Terry Laundry Speaks Non-sensically

Just listened to his most recent ramblings and was amazed that nothing made sense or held up to any logical scrutiny. He says his Magic T Theory is precise and accurate, yet it is VERY imprecise and VERY INACCURATE.

Approach with caution.

Terry Laundry is horrible and Predicting Stock Market

I must say I have been following this guy for the past 18 months and he has been consistently wrong. Week in and week out.