Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these rates now move into the marketplace and out to the street - rates that individuals can get.
More Quotes from Franklin Raines:
Although to my knowledge the company has always made good faith efforts to get its accounting right, the SEC has determined that mistakes were made. By my early retirement, I have held myself accountable.Franklin Raines
When they had difficulties they've had a tendency to lurch to the right and out of the mainstream, and we hope that doesn't happen this time,
Franklin Raines
We think that it's unwise to put into the constitution a mechanism that enshrines for all time a particular way of measuring the budget.
Franklin Raines
And so we have to be careful with looking at additional stimulus that we don't provoke an increase in the bond rate and then offset a lot of the stimulus we've already got.
Franklin Raines
Based on the presentation that we heard today, there are more issues then the last time we sat down, ... It fails to target tax relief on middle incomes as the president's approach would do.
Franklin Raines
Well, I think the best form would be to put money directly in the pockets of consumers.
Franklin Raines
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I had an immense advantage over many others dealing with the problem inasmuch as I had no fixed ideas derived from long-established practice to control and bias my mind, and did not suffer from the general belief that whatever is, is right.Henry Bessemer
I'm just a simple kid from Brooklyn who landed into the most enchanted lifestyle imaginable.
Michael Musto
Keep what you have; the known evil is best.
Titus Maccius Plautus