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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (236252)	4/17/2003 3:37:58 PM
From: Tommaso	Read Replies (1) \| Respond to of 436258

She has a good job but all the family's money is gone. It seems clear as anything to me that with the givernment going in the hole for billions--hundreds of billions--of dollars, they have to borrow the money, and as they sell more and more bonds, interest rates will go up. It's the surpluses of the last few years plus the easy money from the Fed that has run interest rates into the ground. I notice I misspelled goverment as "giverment" above. Guess I am wittier than I thought. I think this interest rate thing might turn around quicker than in the past. But then that's just because I did go ahead and get pretty heavily into Juno. Wish I had done it all yesterday--the brokerage did charge a commission. Oh what a cheerful life it is to continually wish financial disaster on everyone <G>