RSS Feed

a playground of art, photos, videos, writing, music, life

 


You are here







Random Quote

Advice to young writers? Always the same advice: learn to trust your judgment, learn inner independence, learn to trust that time will sort the good from the bad-including your own bad.
-- Doris Lessing


 

Blog - Blog Archive by Month - Blog Archive by Tag - Search Blog and Comments

<-- Go to Previous Page

Well, Duh

 

No surprise to me.

The Federal Reserve announced a $1.2 trillion plan three months ago designed to push down mortgage rates and breathe life into the housing market.

But this and other big government spending programs are turning out to have the opposite effect. Rates for mortgages and U.S. Treasury debt are now marching higher.

Surprise to you?

Government is always an expensive, no-value-add middle man.

 


by Brett Rogers, 6/8/2009 12:06:33 PM
Permalink


Comments

Add Your Comment:
Name (required):
Web Site:
Remember Me:   
Content: (4000 chars remaining)
To prevent spammers from commenting, please give a one-word answer to the following trivia question:

What color is the sun?