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I see Jimmy Carter is going to Syria to meet with the leaders of Hammas. Maybe next he will go to Iran and supervise the unloading & installation of the new 5000 centrifuges planned there this summer
Well, if you want to talk about sky-high interest rates, wait until after November. The ONLY way the Fed is ever going to stop the dollar from total collapse is going to be by raising interest rates to those type of levels, to try and stabilize it against the Euro and in the world oil market. As it stands, the current policy has just about run its course and has little chance of promoting more domestic consumer debt, while at least SOME of the current soaring oil prices is related to the fact that the US Dollar is falling. And the Dollar's fall against other currencies is due in part to the low return seen internationally for investors in US treasuries. Of course, once this is done, then as interest rates increase throughout the domestic market, it will drive up expenses for the average US citizen even more (especially those with adjustable rate mortgages) however, this *might* be offset somewhat by the stabilizing dollar becoming worth more and potentially driving down the price of crude oil per barrel in US Dollars, which would then trickle down through the rest of the economy, much as it has in the other direction lately.carter is a moron peanut farmer, asswipe extrodinare., anyone remember the intrest rates when he was pres....![]()