LDS Church members preparing for upheaval this month

[Dave_L]

Ive heard interest rates are about to go up?

[HoneyBadger]

Ive heard interest rates are about to go up?

Impossible! How could the government pay off it's debts if rates went up?

But really, that's been the word on the street since 2008. And it's done an amazing job of enslaving millions of Americans with more debt than they can ever pay back.

[asmo]

Ive heard interest rates are about to go up?

You don't raise rates before an election, unless you want the current party to loose.

[Dave_L]

You don't raise rates before an election, unless you want the current party to loose.

Yeah, I assumed they would hold off til after the election but I'm hearing some rumblings.

http://www.cbsnews.com/news/stocks-o...nterest-rates/

[Aloha_Shooter]

I saw a poll that said one third of Americans would accept a military coup! Why is the Air Force suddenly insisting those folks that own an old mining property near Area 51 suddenly sell or have the property seized?

Since when is 60 years "sudden"? They've been trying to get that property (which I understand is wholly enclosed inside the Nevada Test Range) for decades. The current attempt to have the property condemned is more likely related to the Obama Administration's tyrannical views and methods as we saw with another Nevada property last year. Obama doesn't believe you own your property so neither do his politically-appointed minions.

You don't raise rates before an election, unless you want the current party to loose.

You do if you want it to be "old news" before people start paying attention to the election. Given that people generally don't pay much attention until Super Tuesday, this fall is the perfect time to start raising rates.

Yeah, I assumed they would hold off til after the election but I'm hearing some rumblings.

http://www.cbsnews.com/news/stocks-o...nterest-rates/

I'm surprised they haven't raised rates earlier as they have proven they care less about the overall economy than the well-being of Goldman Sachs and other connected donors. At some point, Obama and other other Socialists need to get back to devalueing the dollar so they can pay off today's debts with tomorrow's devalued currency.