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To: xzins

The "lower interest rates" is a double-edged sword. Yes, it's fine for people who are buying homes and cars but it can be devastating for seniors who depend on interest income generated by their savings. And wasn't it the Republicans who were trying to "kill" seniors? I'm fortunate because I have fairly good rates locked in right now and I still work part time but the day will come when all I will have will be my SS and interest income.

There is nothing any Dem anwhere could say that would induce me to vote for one of them, EVER.


30 posted on 06/16/2006 1:41:47 PM PDT by wayoverthehill
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To: wayoverthehill

Interest rates will only be low when inflation is low.

If inflation is low, then the cost of living doesn't rise.

If the cost of living doesn't rise, then a smaller return on investment is ok AS LONG AS it matches or exceeds the cost of living increase.


31 posted on 06/16/2006 1:47:24 PM PDT by xzins (Retired Army Chaplain and Proud of It. Supporting our Troops Means Praying for them to Win!)
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