Every time Alan Greenspan opens his mouth, the stock market cringes.

Every time the Federal Reserve's Board of Directors holds a meeting, investors panic and the business community shudders.

Will Interest Rates Go Up???

Alan Greenspan, Chairman of the Board, and six other members of the board of governors of the Federal Reserve --- are appointed by the President of the United States.

This is a majority, and the only thing that makes this private institution approach governmental status.

The other six members of the board (Federal Open Market Committee) are drawn from the heads of the twelve Federal Reserve Banks throughout the country.

Who Has The Most To Lose by

a Rise in Interest Rates???

ANSWER: The Federal Government.

Because it is the world's greatest debtor, currently $5.5 trillion in the hole, every 1% rise in interest rates would cost the government . . . .

(With some reduction for the amount of debt held by Trust Funds like Social Security that are paid a fixed rate of 6.8 percent.)

Do you really believe Alan Greespan would want to do this to his buddies???

Do you really believe he's out to help you, or support the economy, when he does not raise interest rates???

If you can make money by betting that interest rates will not rise --- then DO IT!

TAKE THE MONEY AND RUN.

THEY DO.

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