Fed banks in Kansas City, St. Louis and Dallas called for an increase in the so-called discount rate by a quarter-point to 1 percent. They said the rise would represent “another step toward restoring a pre-crisis discount-rate structure,” according to the minutes.I still think this:
P.P.S. Screw the NY Fed of Turbo-tax deficient Treasury Sec. Geithner. How about St. Louis or Kansas City taking the lead. Heartland common sense. Hell, yeah.P.S. Obama needs some intervention, take it from a level-headed Midwesterner. The Politico:
"The more he talked, the more he got upset," Sen. Pat Roberts (R-Kan.) said. “He needs to take a valium before he comes in and talks to Republicans and just calm down, and don’t take anything so seriously. If you disagree with someone, it doesn’t mean you’re attacking their motives — and he takes it that way and tends then to lecture and then gets upset.”
Talk about a creating a crisis atmosphere. Talk about being a uniter of these United States. How about listening. For a change. Get in touch with your Kansas side, Mr. President.
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