"Larry" wrote in message
...
Probably not a bad idea. These reports keep getting more serious.

Recession my ass.....

http://biz.yahoo.com/rb/080327/economy_fed.html?.v=4

" The Fed has pumped hundreds of billions of dollars of liquidity into
strained markets and allowed investment banks access to its credit
facilities -- the first time since the Great Depression that it has
permitted non-banks to go to its discount window for cheap loans.

"All of these innovations are designed to bolster market liquidity and
promote orderly market functioning," Pianalto said. "Liquid, well-
functioning markets are essential for promoting financial stability and
economic growth."

There was not much growth in the fourth quarter, the Commerce Department
confirmed on Thursday as it reported gross domestic product grew at a
scant
0.6 percent annual rate after expanding at a 4.9 percent clip in the third
quarter. Corporate profits shrank as the year ended, and growth is widely
seen as having slowed or stopped this year."



You should read "The Shock Doctrine" The rise of disaster capitalism. By
Naomi Klein. I think you'll really enjoy it.

--
"j" ganz @@
www.sailnow.com