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Politics : PRESIDENT GEORGE W. BUSH
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To: Kenneth E. Phillipps who wrote (422703)7/3/2003 3:54:15 PM
From: Skywatcher   of 769670
 
The Bush Economy...reserved for the rich
Jun 26, 2003
FILL IN THE BLANKS
Fill in the Blanks...

The feature where I read a story we've all heard so many times that even ordinary people like you can Fill In The ...BLANKS.

Today's story -- Interest Rates.

Once again, the Fed has decided that the way to help struggling Americans is to make sure interest rates are... LOW.

And so it has cut the federal funds rate by ...ONE QUARTER POINT.

Right. The federal funds rate now stands at 1%. Which means they can cut it exactly...FOUR MORE TIMES. After which we're in real deep ...TROUBLE.

Unfortunately most people ...HAVE NO CLUE WHAT THE FEDERAL FUNDS RATE MEANS.

Which is why news anchors always explain that it's the rate charged to banks when they borrow money. So banks can now borrow money at one percent, and then turn around and give you a credit card charging... 13.99%.

Guaranteed to help any struggling American who ...OWNS A BANK.

However, thanks to this rate cut, you will soon be able to get a credit card charging up to ...13.98%, and you can ...REFINANCE YOUR MORTGAGE for the...FIFTH TIME.

You can then take the money you save on your mortgage and use it ...TO PAY YOUR CREDIT CARD.

Now hearing all this, you may be tempted to equate certain banks with ...LOAN SHARKS. But that's unfair because loan sharks are greedy people who wear ...BAD SUITS.

Whereas at a bank ...THEY WEAR NICER SUITS.

Also don't worry because Congress is getting ready once and for all to repeal the ...DEATH TAX. Which means you'll have no trouble PAYING YOUR VISA BALANCE, so long as you're ...DEAD.

Very good.
thanks Dave Ross
CC
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