Re: OT: "I'm Worried About Graham". 🙏

Leonard Blaisdell wrote:

On 2024-11-09, gm <gregorymorrow@msn.com> wrote:
 

In the week before Election Day, as campaign bosses became aware that
nearly all of their more than $1 billion war chest was gone, there were
efforts to scale back concert costs — which were expected to run between
$15 million and $20 million, but in some cases experienced overruns..."
:-\

  I wish that more people understood that a billion dollars is a thousand
million dollars or could make a thousand millionaires. Or that a
trillion dollars is a million million dollars and could make a million
millionaires. Or that our current national debt could make thirty six
million millionaires or roughly one-tenth of our current population, men
women and children.
Every dime of that is from deficit government spending. When will the
dollar collapse?
Oh! $20 million is peanuts to a political party, but it shouldn't be.
Another joke, the Federal Reserve is about to reduce interest rates.
They should double them, at least, for now.
2 cents
 leo
  

Whoa...double them?
That'd melt the entire housing market to zero.
Subsidiary damage says no,plus the Fed will cut again in December.