[Chgogal]

What say you about the Feds ability to stick “their claws’ into mutual funds, money funds, etc., and anything that moves”?

[Lurkina.n.Learnin]

What say you about the Feds ability to stick “their claws’ into mutual funds, money funds, etc., and anything that moves”?

I would give my thoughts but my comment would probably be removed also.

[Wyatt's Torch]

When you say “Feds” do you mean “Federal reserve” or “Federal Government” because my answer would be very different.

[MichaelCorleone]

It wasn't me that was saying that, but Steve Forbes on a question and answer session with a small group of people. I believe he had just written a book.

In answering a question, Mr. Forbes said that after the election the Feds are going to, quote, stick their claws into mutual funds, etc. He didn't elaborate. Nor did he show any approval or disapproval that I could tell. My impression (right or wrong) is that the gov’t meddling is a done deal. I don't know if it's called for by Dodd-Frank or not.

I came in very late to the session (Bloomberg TV) and only saw the last five minutes or so. But I thought what little I did hear was troubling, to say the least.