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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (171036)	9/21/2005 10:47:30 AM
From: Keith Feral	Read Replies (1) \| Respond to of 281500

Where the hell are people going to live? The man is a menace to capitalism. His constant interfence in the interest rate market baffles my imagination. You have to be brain dead to send interest rates to historical highs in 2001 back to historical lows in 2003 and set to raise them back to historical highs. The fed has accomplished so little except for head games. If they want to attack the real concerns, change the leverage factor for derivatives. Oh yeah, he doesn't want to interfere with market innovation. He would rather see day traders with 1000 to 1 leverage than Fannie Mae with record mortgate holdings. I hope the next guy can make some real progress.