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To: Ahda who wrote (3810)12/12/2001 11:09:21 AM
From: ildRead Replies (2) | Respond to of 24758
 
US$ was sharply down yesterday and is somewhat down today.
quotes.ino.com

What do you mean by <<<negative interest rates are costly on the economy. >>>?
Dow you mean risk of inflation of something else?



To: Ahda who wrote (3810)12/12/2001 11:22:49 AM
From: AhdaRespond to of 24758
 
Enron collapsed and filed for bankruptcy on Dec. 2 after it revealed losses from certain partnerships led by its former chief financial officer that were kept off its balance sheet. The firm later restated its books to include those partnerships, reducing its earnings in the fours years after 1997 by almost $600 million.

Andersen acknowledged it had made an accounting error by not consolidating a second special purpose entity that was responsible for about 20 percent, or $100 million, of Enron's earnings restatement.

I read this and i think what is an economy? If we use illusion to establish funds then we are the ones that are being eluded a recipe for disaster called moved beyond limits of today the extreme point of where you accidently burden tomorrow with more debt than it can't possibly ever repay.

AG is being creative attempting to steer a course that cannot be steered. If our FED is creative what do we expect out of our business sector, in dropping rates are we not suggesting to our business sector to be creative?

The emperor is naked people or as in Enron are we all legally sanctioned to act as blind. Pass de buck or pass up the US buck.