Sent: Tuesday, September 18, 2007 11:54 AM
Subject: BBB Brothel Experience
BBB entered the brothel a couple of weeks ago, looked around and indulged in the top of the line with a 1/2 pt cut in fed funds rate & 1/2 cut in discount rate.
He finally realized that he & Greenspan were behind the curve & the economy was tending toward recession in near future.
Experts are now predicting another 1/2 pt by yr end, possible two 1/4 pt drops.
BBB tried it, & he liked it. Now comes the double talk why he did it.
Some think the next recession will be in 2009, after the elections.
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