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Re: Dow 20,000, here we come

By: lkorrow in ROUND | Recommend this post (0)
Mon, 06 Jun 11 12:54 AM | 109 view(s)
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Msg. 33269 of 45510
(This msg. is a reply to 33266 by clo)

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Clo, amen to that. It's criminal that they can screw us on rates like they are.

And on top of that, under Obummer, no COLA for those living on SS.




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The above is a reply to the following message:
Re: Dow 20,000, here we come
By: clo
in ROUND
Sun, 05 Jun 11 3:40 PM
Msg. 33266 of 45510

a return to the old "normal" rate of 7-10 percent for long term debt would absolutely castrate business and the markets.

Those "normal" interest rates would help folks depending on them after saving & expecting to supplement their retiring years. clo


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