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Post# of 704047
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sylvester80

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sylvester80

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Re: lostalot post# 39590

Tuesday, 10/29/2002 4:51:44 PM

Tuesday, October 29, 2002 4:51:44 PM

Post# of 704047
"Lower rate will keep consumer spending"

Spending what? What they don't have? The consumer is in debt full out from last year's 0% loans. They bought furniture, appliances, cars all at 0%. Guess what? Most of theose 12 month 0% loans are starting coming due right now. And it's about to get worse on the debt front IMO....


"When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis

"Those Who Would Sacrifice Liberty for Security Deserve Neither." -Benjamin Franklin

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