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To: Perdogg

Won’t this signal of panic cause more harm than good at this time?


6 posted on 01/22/2008 5:31:32 AM PST by dinoparty
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To: dinoparty
Won’t this signal of panic cause more harm than good at this time?

Probably. It sure isn't a confidence builder in the economy. It's more like, "oh my God! We're Doomed!"

11 posted on 01/22/2008 5:33:22 AM PST by doc30 (Democrats are to morals what an Etch-A-Sketch is to Art.)
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To: dinoparty
That’s my initial thought too.

Attention passengers, we are now entering the Wall Street trading day... Please faster your seatbelts and make sure all items are secured because turbulence is expected.

27 posted on 01/22/2008 5:38:20 AM PST by newnhdad
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To: dinoparty
Won’t this signal of panic cause more harm than good at this time?

That is the big question. Right now the cut has had little effect. Dow futures initially spiked 200 points, but now they are back down only +50 from before the cut. That is BAAAAD.

41 posted on 01/22/2008 5:48:13 AM PST by montag813
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To: dinoparty
Won’t this signal of panic cause more harm than good at this time?

Yes! Printing more money during an economic panic is always a very dumb idea.

55 posted on 01/22/2008 5:55:39 AM PST by shuckmaster
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To: dinoparty

(sorry petronski, I got here first!)

82 posted on 01/22/2008 6:12:31 AM PST by gridlock (Proud Romney Supporter since January 20, 2008)
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