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


To: c.hinton who wrote (242216)9/18/2007 3:34:04 PM
From: michael97123  Read Replies (1) | Respond to of 281500
 
how much lower is it since the fed acted at 2:20pm?



To: c.hinton who wrote (242216)9/18/2007 3:41:50 PM
From: c.hinton  Read Replies (1) | Respond to of 281500
 
ps the american poor will really get screwed if commoditees continue up and their paychecks dont.

consider everything together....high mortgage...falling house value...more expensive oil and food an weaker dollar ...weakening employment...growing deficit ,existing consumer debt.....doubt about credit quality.

is taking 1/2 a point of your credit interest rate going to make a big difference in avoiding recession next year?