Because we're borrowing money to pay interest,plain and simple. They interviewed some professor yesterday on the local news. Asked him "how it would effect the average person" if they don't raise it. Best he could come up with was that it would raise interest rates. ???????? You mean that I might be able to get more than a quarter percent interest on the money I have in the bank? And that that would be a BAD thing???
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Today's Featured Article - Good As New - by Bill Goodwin. In the summer of 1995, my father, Russ Goodwin, and I acquired the 1945 Farmall B that my grandfather used as an overseer on a farm in Waynesboro, Georgia. After my grandfather’s death in 1955, J.P. Rollins, son of the landowner, used the tractor. In the winter 1985, while in his possession the engine block cracked and was unrepairable. He had told my father
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