You never did say why a lower Fed Funds rate will have a disastrous effect or what that effect would be.
Inflationary pressure adding to the inflation that will already be created by the current bailout bill, Bush's $300 billion dollar mortgage bailout he signed July 30th, etc., etc.
45 posted on 10/02/2008 2:32:27 PM PDT by politicket
(Palin-tology: (n) - The science of kicking Barack Obambi's butt!)