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Video

This video turns into a Ron Paul fest about midway through, but I don’t think that affects the validity of the point being made.  The market’s not going to crash today, but the .75% rate cut the Fed made is delaying the inevidable at best, and doing much more harm than good at worst.

That said, we sure coulda saved a bunch of money if we had waited to buy our house!  Frankly, I don’t think the house would have been there had we waited, though.

Posted on Tuesday, January 22 2008.
Jered's Tumblag

jered.hofker.org is made possible by Jordan. He's just awesome like that.

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