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With today's report, the odds of a negative quarter of GDP growth have increased substantially, and the chances of a full-fledged recession just went up -- perhaps approaching 50-50. Job losses cut directly into the spending of the newly unemployed, and indirectly tend to have a very real impact on the confidence of those who are still working. If demand falls, firms will lay off more employees, and the downward spiral could put us over the edge into a bona fide recession before the Fed's actions can take effect. Bill Cheney
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I don't think passing on the suppression costs would be done just as a deterrent. The fact of the matter is many people have lost their property and homes and someone has to pay for that. Under the law, someone is liable for it. Terence McElroy