Re: OT: "I'm Worried About Graham". 🙏

On 15 Nov 2024 04:09:20 GMT, Leonard Blaisdell
<leoblaisdell@sbcglobal.net> wrote:

On 2024-11-12, Coogan's Bluff <ft.tryon@park.invalid> wrote:

Leonard Blaisdell wrote:

>

Another joke, the Federal Reserve is about to reduce interest rates.
They should double them, at least, for now.

 

Whoa...double them?

>

That'd melt the entire housing market to zero.

>

Subsidiary damage says no,plus the Fed will cut again in December.

>
I bought my home during the last slobbering fool's [Carter] administration
at over nine percent interest. During later, saner times, I refinanced.
At the time, homes were considerably cheaper, but the value of money was
considerably more.
The more things change, the more they remain the same. [1]
By the way, my opinion of Jimmy Carter is that he's a good man but had
no business as a president with the first traveling clown administration
of my lifetime. Who'd a thunk there would be a second, and worse?
See [1].

I guess you're still nostalgic for the good ol' Republican BBB days:
Blacks in the Back of the Bus!

--
Bruce
<https://i.postimg.cc/zf7JhPvB/the-lord-of-the-rings.jpg>