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Reply #9: And its symbolic that it happened right after we lowered the prime interest rate yesterday! [View All]

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cascadiance Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-20-07 11:18 AM
Response to Reply #8
9. And its symbolic that it happened right after we lowered the prime interest rate yesterday!
That rate needs to be stabilized or raised soon, or the dollar is going into the toilet!

They say, well, we can't do it or the housing market will collapse!

NO THAT'S NOT WHY! It is because Americans need more SPENDING MONEY not lower interest rates to buy houses! STOP THE MILKING OF OUR TREASURY BY THE RICH! Stop the tax giveaways to them and reinstate the older marginal tax rates before Reagan screwed with them! Then the dollar will get "healthy" again!
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