The Pragmatic Captialist writes in a guest blog at The Business Insider

James Carville, the famed political strategist once said:

” I used to think if there was reincarnation, I wanted to come back as the President, or the pope, or a .400 baseball hitter.  But now I want to come back as the bond market.  You can intimidate everybody.”

In today’s world, the bond market runs through Bill Gross, the Founder and CEO of PIMCO.  The soft spoken Californian, former professional blackjack player and billionaire, oversees over one trillion (with a T) dollars in assets under management.   He has been referred to as the 4th branch of the U.S. government and with the bond market under his thumb it’s not a stretch to say that he is the most powerful man in the United States.

To read more, click this link:

http://www.businessinsider.com/what-bill-gross-really-thinks-the-us-economy-is-screwed-2010-2