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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Les H who wrote (72367)2/27/2001 2:28:27 PM
From: Earlie  Read Replies (2) of 436258
 
Les:

Allow me to paraphrase this little article for the sheep:

"Dog-gone it you Brits, we here at the U.S. Fed have a huge problem and you know it. Unless you off-shore guys allow your rates to fall, how the heck are we supposed to lower ours? That 2% point "rate differential" HAS to be maintained, or our buck and bonds are trashed. Now get with the program before we send a couple of carriers to the English Channel! We've got to drop rates NOW!"

Best, Earlie
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