"... On Sep 14, 5:10 am, rigsy03 <[email protected]> wrote: ..."
> It will increase private savings. It will slow irresponsible buying. > > > "... On Sep 11, 11:18 pm, rigsy03 <[email protected]> wrote: ..." > > > > Raise interest rates across the board till the public trusts the value > > > of money and assets again. The public has lost confidence. Not sure > > > they could trust Greenspan, Summers and Geitner (sp?) to run a > > > lemonade stand! Your post seems irresponsible and uninformed. Private savings are higher now than they've been in more than twenty years, which is one of the problems. The economy needs people to spend money to get production and distribution moving again. As for irresponsible buying, I don't know of anyone in this country who is making purchases of any kind, responsible or irresponsible. That's one of the problems. People are not spending money, they are saving it. In fact, your two sentences contradict each other.
