Impeach George W. Bush Message Board

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Politics : Impeach George W. Bush

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To: RockyBalboa who wrote (1026)	12/30/2000 9:32:29 PM
From: Lazarus_Long	Read Replies (2) of 93284

Much as I hate to agree with a liberal, I think you're right on this one. AG will not cut rates unless GWB gives up on tax cuts. If GWB gets his cut, AG may even raise rates. GWB is very likely going to push hard for is cut. He remembers his daddy and "read my lips- -no new taxes". Also, a lot of his business support wants those cuts. AG, if he wants another term might go along with Bush. Increasing the chances of that is that if GWB cuts taxes and AG doesn't cut interest rates or raises them, AG will get the blame if a recession occurs- -not what AG wants to be remembered for. However, AG is 73 (74?); he is probably either planning on retiring soon, or would rather retire than try to walk through this buzzsaw. I was thinking about joining Warren Buffet and buying CNC and/or FNV bonds, but those bonds will fall if there is a recession (they're junk) or if AG raises. A recession will also serious bankruptcy risk for those bonds, so you can't just plan on collecting the current good interest from the bonds and riding it out. Thanks. You may just have saved me some money. Should I tell Warren? :-)

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