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Politics : High Tolerance Plasticity

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To: energyplay who wrote (10225)11/4/2001 5:21:59 PM
From: chowder  Read Replies (2) of 23153
 
>> we may see 30 year mortgages down below 5% <<

Oh yeah! That's what I've been talking about. 7% mortgage rates are nothing compared to the FED rate. Let mortgage rates come down to 5% and stand back! The consumer will be doin a whole lotta consumin', as our Fritz Hollings likes to say.

Can you imagine the consumer spending that would occur if credit cards would come down to 7%? Retail stocks would go nuts!

Yeah baby, give me five gimme five. (shaking the dice)

da-gamblin-bum
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