Fund Quotations | Page 7

We're back to expecting a rate cut on December 11. Meyer changed people's thinking by essentially saying there's no limit as to how low (the federal funds rate) could go and today we're getting an added boost from the (weak) stock trade.

I am committed to ensure that our intelligence community, law enforcement, medical professionals, and military have the information and funding needed to protect the American people from threats at home and abroad.

Three years of reduced funding of public libraries have taken a toll. We agree that local municipal funding is our weakest area, but only state incentives can improve local support in a long-term, consistent manner.

Yes. Is it a tight squeeze? Indeed, but should we need other monies for contingency purposes, it appears we have another $162,000 the board hasn't spent and another $350,000 in capital improvement funds that would not impact the construction of the eighth elementary school or the Norge or Stonehouse renovations.

Yes, Greenspan does admit the obvious, that the real federal funds rate has risen considerably, but he quickly concludes that the rate 'remains fairly low'. This is Fed-speak for the notion that the Fed will continue to raise rates by a quarter percentage point...as far as the eye can see.

We have to get used to the fact that the emergency level of the fed funds rate is behind us, ... The sooner we become cognizant of the fact that the global economy won't be crushed and corporate earnings won't roll over, the sooner the market will fight its way to trend higher.

We have no problem of funds because we have raised these from various banks. We have now decided to enlist new members. By the time we are ready to open, we would have a membership of more than 10,000 people, each of whom will have paid a fee of Rs.500.

We have no knowledge whatsoever of who Ocean Fund is and what they are talking about. We own them (the Caesars properties), and they didn't submit anything to us.

We have never received this magnitude of funding for physical education or for athletics overall. It was a sacrifice, but it was a sacrifice in my opinion that worked very well because of all the things we gained by calling this wildcat strike.

We have never intended to 'cut into the pie' of funding for Indian programs and services,