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Non-Tech : The Critical Investing Workshop

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To: Jill who wrote (9411)3/28/2000 9:37:00 AM
From: crdesign  Read Replies (1) of 35685
 
Re: Big Al: <he's got a vendetta against the NAZ.>

Jill, Quite the contrary, Big Al loves the Naz. He is enamored with Technology. IMHO, He's merely trying to dampen the enthusiasm.
Consider this, as far as the Fed is concerned with the raising of rates; if everyone else is making an obscene amount of money in this market, than why shouldn't the Fed participate too? The Fed is a business like the rest of these public companies. When an opportunity arises
to make a couple extra bucks, why shouldn't they take advantage of it?

From a political standpoint; If Big Al actually raises the rate 50 basis points in May then he obviously has a deeper agenda. Doing that would ensure G. Bush's election as Pres. of the US. And I don't think Big Al wants or plans to be the conduit for that guarantee.

If you need to explain my warped sense of justification;
I live by the Marie Antionette's theory "Let 'em eat cake."

Tim
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