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dollar a stable investment; is immediately putting on the market $100 billion in U.S. Gov't bonds for immediate sale at the offer price.
There is panic in the financial markets. Dow Jones futures are down 1500 points in Asia. Interest rates on the ten year are now up to 6%. Recession in the US seems certain. The dollar is trading at .55 euros in Asia.
Iran? Who ever heard of Iran?
Get my point?

Hey, Grandma Moses started late!
by LEP on Fri Oct 26th, 2007 at 01:19:43 AM EST

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