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To: Clemenza
Yes, cut the interest rates and send our dollar further into the toilet.

Who cares what the dollar is worth if the economy goes down the toilet. Besides, the best thing for the dollar is to keep the economy going, which requires a rate cut. The impact to the dollar has already been factored in.

11 posted on 09/13/2007 10:30:05 AM PDT by Always Right
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To: Always Right; Clemenza
It is insane to damage the economy with a rate cut anymore then it already will just to temporally prop up the housing sector. It is this sector that is dragging the economy down. The sooner the correction happens the better, that way it will be less severe.
12 posted on 09/13/2007 10:43:14 AM PDT by Hydroshock ("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
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