[Freedom_Is_Not_Free]

Kudlow's idiotic sentiment on a stronger dollar from a Fed rate cut...

http://kudlowsmoneypolitics.blogspot.com/2007/09/now-is-time.html

"If central bankers would come to their analytical senses, they would appreciate that today’s financial panic is itself sufficient reason to slash the Fed funds target rate by at least a full percentage point from today’s 5.25 percent to something around 4 percent. New cash needs to be poured into the liquidity parched banking system. Such a move would be a much-needed injection of confidence into a rattled marketplace. In addition, a lower fed target rate would not only deliver much needed addition to bank reserves, but would help to raise asset values across the board by dropping the cost of money. A pro-growth Fed policy will actually strengthen the beleaguered US dollar and reduce the price of gold."

[ari-freedom]

he thinks a rate cut is a tax cut. No, the interest rate is not a tax and would be set by the market if there was no fed.

[BlabItGrabIt]

Your "idiotic" quote is moot because the FED hasn't dropped the rate to "around 4 per cent."

Appears an apology is owed Mr. Kudlow.