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To: jmanvegas who wrote (71521)	5/5/2000 8:57:00 AM
From: Jim Willie CB	Respond to of 152472

I split time with CNNfn last night Willow Bay queried some economist Willow Bay grilled him with repeated questions about what exactly the lagged effect was for the last few Fed rate hikes, acting upon the US economy she wondered aloud if the Fed continues to raise rates until it sees evidence of economic slowdown, that the Fed would have failed its mission, since rate hikes in the last 2-4 months would therefore have been deemed EXCESSIVE she made excellent points, raised excellent questions WILLOW BAY IS THE SMARTEST SHARPEST ANCHOR ON BUSINESS NEWS WATCH HER ON CNNfn IN THE EVENING all other anchors I see possess no concept of lagged effects they consistently react to the news of the day, latest economic report, with no appreciation for the gradual stepwise effect that monetary policy has on consumer and investment demand within our economy CNBC SHOULD HIRE HER FOR DAYTIME ANCHOR, AND PAY UP !!! now that would be a pretty face to watch incredibly beautiful woman, excellent cheek bones I am not biased by her beauty when assessing her anchor skills !!! by the way, Karl Marx birthday is today ironic that Federal Reserve has been such a concern lately Federal Reserve can rightly be accused of tampering with Central Govt control / Jim