The retail sales numbers are obviously important because it's our first peek at what demand is going to look like in the first quarter of this year.

This is a train that's really moving down the track and a couple of logs are not going to stop it.

There's a more distinctive possibility that the Fed will move Tuesday that wasn't there before. It's a possibility that they will move next week but I think they'll definitely move in November and probably another 50 basis points beyond that.

I don't see any way the Fed can avoid raising rates. The Fed simply has to make it less desirable for consumers to spend.

The auto numbers were looking like they might, on the receipts side, have been a bit weak for January. But what we're looking at is a bounce from a fairly weak 'ex-autos' number in December.

I'm not going to sell out the people of Stony Point. I'm going to encourage the rest of the Town Board to vote against the agreement as it stands now because I believe it's unfair.

There's probably a lot more to any personnel matter than is ever known publicly and that's the way it should be, to protect the privacy of the individual.

This is temporary. Remember that it's not that long ago we were up at 6 percent. You have got an Asia crisis and it is going to create this kind of reaction, but I don't think it is sustainable.

There will have to be much more significant restraint on spending growth than we've seen over the last four or five years.