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Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
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Consumer confidence up today. Additionally, sales of vehicles with V8s is not falling. This equates to a public that is not perturbed by high fuel prices. We can absorb high oil prices as long as inflation does not creep into the rest of the economy, and I think Bernanke has the means to quell inflation (i.e. 50 or 100 basis points hike in Fed rates). Well, I hope that is true.
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