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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (52051)3/15/1999 5:26:00 PM
From: wlheatmoon  Respond to of 132070
 
you and I ARE the feds

Ok, let's raise interest rates to 5.75%. You call for the news conference.

This whole mess is out of hand. If I'm the feds, I don't want to be responsible for the billions that potentially will be wiped out by a correction. So, that means I will have to cut rates again if the market tanks. How did we, as the Feds, get the bendover treatment on this one.......