Economist: Expect Fed to lower Dow to 8,000

Feb 5, 2008 (WORLDNETDAILY) — Consumers should expect a deep recession, triggered by the “stealth methodology” of the Federal Reserve to “depress” the market even while lowering interest rates in an ostensible effort to stimulate economic growth, an economic analyst is charging. “The Federal Reserve is directly involved in manipulating the stock market,” said economic analyst Mike Bolser in a telephone interview with WND yesterday. “The Fed wants to drive the DJIA toward the 8,000 level, or below, in order to help create a deep recession which will have the effect of slowing consumption across the board, and dampening the otherwise harmful effects of inflation. Full Story