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To: Terry Whitman who wrote (49434)12/19/2000 10:06:14 PM
From: Monty Lenard  Respond to of 436258
 
maintain that the fed's BIG mistake was lowering like crazy to save the speculators in '98

Without a doubt that was a bail out of his cronies and should not have happened. He used the excuse of a global meltdown to justify it but that was not the real reason as we know. The little guy will pay for him bailing out the big boyz but this little guy refuses to help them out. :-)

Monty