07-13-2011, 10:11 AM
(07-12-2011, 08:41 PM)username Wrote: Educate me (if you will) but you can't talk in stories or analogies or reference old movies and books that I never saw/read. Kthanx.
Although you might not want to bother since BOTH sides seem intent on raising the damn thing anyway; fait accompli.
TARP, Bailouts, "Summer of Recovery" . . . how are they working out as promised?
And again with Moody.
"But Tiki . . . so they didn't work as promised but it could have been worse. Much worse! And you're no Moody either, half breed! THEY know things! Interest rates will rise and that will stifle industry borrowing which will cripple the recovery and make it impossible for people to get mortgages! You're a dumb anti-American bitch."
Read MF's response. Spot on.
Then sit back and think about the effect of high interest rates and its impact on business investment and home buying.
Interest rates are practically non-existent. Do we see businesses purchasing equipment at record levels? And all of those vacant homes . . . rapidly being purchased?
Gosh . . . low interest rates and no investment! Hooda thunk?
Read MF's response again.
Then get back to watching CNN, FOX or MSNBC. They know things.
Like Moody.