I denounce the Walker/PEN-L junta for disallowing
the fourth and correct option -- reduce the rate
by half a point.
I'm trying to refinance, for Christ's sake.
mbs
1. The Federal Reserve Board Open Market Committee has been disolved and
replaced by a junta of Pen-l subscribers (Alan Greenspan has been
retained as chair, though). On tuesday the FOMC will meet to set the fed
funds rate. What would you do and why? The choices are:
a) no change in the rate
b) .25 point increase
c) .5 point increase
Tom Walker
