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Aug 12, 2007

DT on the economy

Many people are crying "Uncle Bernanke" to cut rates....James Cramer...Donald Trump...

What is their motivation? the good of the American home buyer? Or their own greed...

Listen to Mr. Trump, the 'deal junkie'...you decide...I think these guys identities and purpose are tied up with cheap and free money. High rates are the equivalent of taking the 'junkies' fix away.

We've gotten used to and gotten addicted to easy money.

I don't think Mr. Bernanke should cut rates, and he knows this, but he may crumble to popular opinion and cut...and run...
 
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