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To: Rocket Red who wrote (46788)8/9/2007 10:13:24 PM
From: loantech  Read Replies (1) | Respond to of 78426
 
I am at the bottom of the banking totem pole and know more (or have more common sense) than the bozos running things. <NG> Blind greedy suckers with no foresight.



To: Rocket Red who wrote (46788)8/9/2007 11:28:43 PM
From: Proud Deplorable  Respond to of 78426
 
They'll cut don't worry...then the rest of the world will dump USD and oil will be traded in Euros etc and too bad Saddam isn't alive to see his victory because that's why he got invaded because he wanted to dump the dollar. Inflation is out of control in the USA..monetary and price...but not price inflation across the board but you must remember that the USD is tied to the Renminbi and they will drop this link soon and then anything from China may double in price. House prices? That's not price inflation?

I think they will cut rates (in some fashion) as an emergency rescue measure for their crooked friends and I think they will do it within 24 hours.