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To: SouthFloridaGuy who wrote (1178)	8/7/2007 2:18:51 PM
From: $Mogul	Read Replies (1) \| Respond to of 1718

Rates are too low is what he is saying. Historically he is correct. Too much risk to the US dollar. Mkt needs to continue it's correction it seems. Fed not going to bail people out. Long term this is the responsible thing to do for the future. I belive that the Fed wil be raising rates sooner then they cut again, unless of course a recession comes to fruition, then a cut would happen.

To: SouthFloridaGuy who wrote (1178)	8/7/2007 2:22:53 PM
From: Dale Baker	Read Replies (1) \| Respond to of 1718

A lot of stupid money will go to money heaven, and a bunch of cocky managers with more capital than sense will be on their ass in December instead of buying new Porsches with their bonus checks. Uncle Ben ain't gonna hand out candy to the kids who cry the most, that's what I take away from today's statement. He has a bigger game to watch over.

To: SouthFloridaGuy who wrote (1178)	8/7/2007 2:41:10 PM
From: Jim McMannis	Respond to of 1718

RE:"Bernanke freaking left the bias the same?!? What an asshole! Why is he trying to destroy us?" Bernanke is from Georgia. He doesn't care about NY. <G>

To: SouthFloridaGuy who wrote (1178)	8/7/2007 11:23:10 PM
From: John Vosilla	Read Replies (2) \| Respond to of 1718

'Why is he trying to destroy us?' This almost sounds like what a RE person in ground zero for the housing implosion near me might be saying<g>. Are you finally seeing holes in the NYC area economy? Trump was on CNBC the other day and seemed to imply NYC RE market could freeze up at a moments notice.. Yes credit spreads widening. Yield curve inverted but the dollar also on the edge of collapsing. Ben must protect the dollar unless a serious recession is in the cards. Much higher long term rates have devestating consequences. GST and Mike Johnson seem to believe it is in the cards no matter what. I sort of agree but what Bernake does could smooth it out and prolong the inevitable rise farther out in the next cycle after the housing bust is long over.. Paulson and his strong dollar rants is a total joke. Balance the budget and stop monetizing the back end and we'll believe him.. I'm sure Bernake will be relieve to have a fiscal conservative from the other party in the White House after GWB is given his final fairwell..