Stocks & Dollar to Tank

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1. anon says:

   March 19, 2007 at 9:22 am

   Interest rates will be raised to protect the holders of long-term wealth. The code word for this is “inflation fighting.” They don’t care about the stock market or unemployment; any equity the middle class holds is subject to liquidation to support the interests of the top 1%. Watch for the GOP to raise the inflation bogeyman as if it were a threat to the middle class. At this point a little inflation would be great because it would let consumers pay down their debts with cheaper dollars. The only inflation the Fed is really concerned about stopping is wage inflation. Inflation in energy or food is just fine with the Fed.

2. doctornick says:

   March 19, 2007 at 9:31 am

   If that is true what was Greenspan’s tenure at the Fed? A fluke?

   Anyway, All of my money is tied up helping get Dr. Asami Bebutalotha’s money out of Nigeria, so I’m not going to be touched by this.

3. Rebecca says:

   March 19, 2007 at 1:26 pm

   Let’s see. Haliburton stock has gone from $20+/share to $65+/share in the past four years. And, they’re moving to Dubai so they won’t have to pay back all the $ they’ve drained illegally from the U.S. Treasury. I’d say Cheney has had a good ride so far. Three times plus growth in his net worth and three thousand plus dead. Talk about war crimes. But then, this is in the great tradition of the Walker-Bush family who have been war profiteering for the past 90 + years. Almost a century of screwing America and American troops. Nice tradition.

4. liberalgeek says:

   March 19, 2007 at 4:07 pm

   Crap. My family just gets together for Easter dinners. I think we are underachieving in the family tradition realm…