[StBernard] Feds Raise Interest Rates

[Westley Annis]

Feds have again raised its prime rate .25%. Is this what the government has
in mind for victims to recover or is assumable that we no longer can assume
our moniker as "victims"?

No one said that life is fair (or rotten), but does it also have to be cruel
before we get established with financial assistance and a recovery program?
It's quite possible that no one in established influential positions will
read about our current plight or perhaps we can assume this. Standing in the
roadway of life with an 18-wheeler of "life goes on without you" is going to
get us trampled by progress. We can neither afford to stand in the road nor
wait on the roadside because in any situation, we lose.

As rates go up, it becomes tougher to get a bonafied recovery. Much of what
we need are in housing and borrowing power. It's going to be tougher with
each waking day to move forward with our backs turned toward recovery.

http://articles.moneycentral.msn.com/Investing/CNBC/Dispatch/060629markets.a
spx

--Jerrytt--