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To: patron_anejo_por_favor who wrote (102409)	5/15/2001 4:32:50 PM
From: Les H	Respond to of 436258

looks like Al is the engineer driving the runaway Fed train... 5 out of 12 fed governors is pretty weak excuse for a move on the discount rate. he should've waited for an intermeeting discount rate cut if he could've raised a consensus at a later time.

To: patron_anejo_por_favor who wrote (102409)	5/15/2001 4:33:41 PM
From: Gut Trader	Read Replies (2) \| Respond to of 436258

Translation is...put your head between your legs and kiss your ass goodbye

To: patron_anejo_por_favor who wrote (102409)	5/15/2001 6:44:11 PM
From: UnBelievable	Read Replies (1) \| Respond to of 436258

Substitute "We pray is" for "appears to" And I Think You Will Get The Meaning

To: patron_anejo_por_favor who wrote (102409)	5/15/2001 11:04:52 PM
From: H.Jablomey	Read Replies (2) \| Respond to of 436258

The Fed’s statement indicates that the Fed sees continued strong growth in productivity: "Although measured productivity growth stalled in the first quarter, the impressive underlying rate of increase that developed in recent years appears to be largely intact, supporting longer-term prospects." Translation: The Fed’s statement indicates that the Fed continues to ignore reality: "Although measured productivity growth stalled in the first quarter, we continue to close our eyes, click our heels three times, and chant 'there's no place like home...there's no place like home...'."