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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?

To: cfimx who wrote (1013)11/20/1998 7:14:00 PM
From: Freedom Fighter  Respond to of 1722
 
Twister,

>>btw, did you see the wsj article about the fed governor who was scolded
by a waiter or taxi driver (can't remember) for not lowering rates more.
And he was EMBARASSED. He CHANGED HIS MIND because of that and voted to
lower them. Now that's what we need in a Fed Govenor. A backbone.<<

It's a very sad state of affairs. The Fed is not supposed to be a democracy. It's not supposed to be political at all. It's supposed to protect the currency!


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