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2011-07-09 — ml-explode.com
``I was a little surprised that the propaganda machine at the BLS (Bureau of Liar Statistics) was willing to admit this fact today, but I must have had brain-lock, because it should have been obvious that it would want to trumpet bad news. The gummit has $66 billion in new long term paper to sell next week, and the name of the game is to get those yields down by whatever means necessary. I have observed repeatedly through the years that the government would sacrifice the stock market on the altar of the Treasury market whenever necessary, and it proved that again on Friday.''
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