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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: benwood who wrote (72030)	12/17/1999 12:59:00 PM
From: Mike M2	Respond to of 132070

Ben, yes the timing of the rate cut was crony capitalism at its best welfare for investment bankers and money center banks. ho ho ho Mike

To: benwood who wrote (72030)	12/18/1999 9:36:00 AM
From: Freedom Fighter	Respond to of 132070

Ben, You expressed my sentiments better than I have been able to. Wayne

To: benwood who wrote (72030)	12/20/1999 5:06:00 PM
From: BGR	Respond to of 132070

Ben, I think we have discussed this issue to death. If it was intentional and illegal, I would have expected class action lawsuits by now. The absence of such points to me that much of this conspiracy theory is hot air. In any case, it is in the Fed's charter that its job is to ensure price stability and employment growth - to be the guardian angel of the US economy in other words. That's no secret. I do not think that their fine performance on the job should be held against them. -BGR.