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To: UnBelievable who wrote (87120)	3/28/2001 5:30:28 PM
From: pater tenebrarum	Read Replies (3) \| Respond to of 436258

true. in fact, i'm thinking the Broaddus comments are part of a new propaganda offensive, in which the administration is involved too (note recent comments by both Fed officials and Shrubs/O'Neil). essentially, they are acknowledging that rate cuts seem ineffective in stopping the continuing denouement of the bubble. so they're now trying the 'drum up confidence in the economy' routine. well, that has been tried in past post bubble environments too...to no avail.