The first paragraph from this article in yesterday’s Observer about Fed intervention in financial markets:
Federal Reserve chairman Ben Bernanke could be forced to cut US mortgage rates within days if Friday’s rally on Wall Street fails to contain the fallout from the lending crisis.
What??….This is some really sloppy writing; Bernanke can’t “cut US mortgage rates”; and how is a rally in Wall Street meant to “contain the fallout from the lending crisis”?
This is writing that reminds me of the spam-blogs, where robots steal content from real blogs, mix it up, and republish it on fake blogs. Such fake blogs from a distance look legitimate, but are really just a mish-mash of ideas that make no sense whatsoever. Just like this article’s first paragraph.
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