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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (10497)	3/20/2004 4:50:54 AM
From: Raymond Duray	Read Replies (1) \| Respond to of 110194

Re: In recent weeks, Fed officials have signaled their inclination to increase short-term interest rates by yearend. It always bothers me to see pure horsesht in an otherwise good article.* I've certainly gotten the impression that Greenspan is signaling a rate hike. Why haven't you? What was news to me was Ms. Tyson's assertion that the Senate had created some sort of a rule that precludes making the tax cuts permanent without offsetting revenues. Sounds like a revival of the Gramm-Rudman-Hollings tax/revenue neutrality stricture that was applied during the mid 1990s. That would be a blessing if it is true.