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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: limtex who wrote (40060)	8/8/2001 3:06:40 PM
From: Jim Willie CB	Read Replies (3) \| Respond to of 65232

been saying for weeks FedFunds is 20-35 bpt too tight not sure that qualifies as brakes on but it sure is NOT encouraging growth as policy response ok, let's compromise THE FED HAS ITS FOOT DRAGGING ON THE BRAKE PEDDLE they are horribly incompetent, no question I believe we are likely to see the stock market beg for lower rates by begging I mean "decline with an appealing gesture toward GreenShit" trouble is, Limmer, any GruenBum replacement might be worse this could be Dubya's first chance to show leadership and appoint a LAISSEZ-FAIRE Fed Chairman not likely since these dismal scientists operate as a CABAL / jw