To: BlabItGrabIt
>>Emergency rate cuts are NEEDED TODAY!<<
Actually, rates need to be increased, steadily.
The low rates are what is killing the dollar.
18 posted on
11/20/2007 7:00:49 AM PST by
RobRoy
(Islam is a greater threat to the world today than Nazism was in 1938.)
To: RobRoy
Yes, let rates rise and let the housing mkt go thru it’s correction. People who couldn’t afford buying these homes in the first place will go back to renting, the banks and mortgage co’s, and builders will take the hits, and housing appreciation will return to the historical averages.
21 posted on
11/20/2007 7:04:38 AM PST by
petercooper
("Daisy-cutters trump a wiretap anytime." - Nicole Gelinas - 02-10-04)
To: RobRoy
why didn’t it kill the dollar when rates were lower awhile ago ?
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